Feb 04 2013
LondonMetric announces its first Interim Management Statement following the completion of the merger between London & Stamford and Metric Property. Highlights over the period include exchanging contracts to acquire a portfolio of six retail warehouse assets for £92.4 million, the disposal of 15.7% interest in Meadowhall Shopping Centre for net proceeds of £95.8 million, completing the acquisition of 107 residential units at Seward Street, EC1 for £45.7 million and acquiring three retail parks on behalf of MIPP for £20.7 million (LondonMetric share: £6.9 million).
The full announcement can be found in the attached file.
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