Feb 06 2014
LondonMetric announces its interim management statement for the period from 1 October 2013 to 5 February 2014 with acquisitions totalling £201.9m, at an average yield of 7.9% across our core out of town and retail distribution sub-sectors, total commercial disposals of £129.7m at an average yield of 6.0% including and residential sales of £82.5m across 167 units. Pro forma dividend cover now 90% based on contracted rental income for 2014/15.
The full announcement can be found in the attached file.
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