LondonMetric Property Plc (“LondonMetric”) announces that the Metric Income Plus Limited Partnership (“MIPP”), its joint venture with Universities Superannuation Scheme Ltd (“USS”), has acquired a B&Q warehouse in Hull and a Wickes warehouse in Dartford for a total cost of £18.4 million (LondonMetric share: £9.2 million), reflecting a blended NIY of 6.8%.