LondonMetric Property (LMP)

Sector:

Property Investment Trusts

Index:

FTSE 250

194.50p
   
  • Change Today:
    -0.40p
  • 52 Week High: 210.20p
  • 52 Week Low: 156.40p
  • Currency: UK Pounds
  • Shares Issued: 2,040.57m
  • Volume: 2,178,605
  • Market Cap: £3,968.90m

LondonMetric collects 98% of December rent

By Michele Maatouk

Date: Thursday 14 Jan 2021

LONDON (ShareCast) - (Sharecast News) - LondonMetric said on Thursday that it has now collected 98% of its December rent.
A further 1% is expected imminently, the property company said, noting that rent collection is high across all sectors, with distribution at 99%, long income at 98%, offices at 100% and retail parks at 95%.

The group's outstanding rent is just over £0.2m, with active discussions continuing on £0.1m and the balance subject to companies in administration. This mostly relates to a property where the company is securing vacant possession for a new letting to Lidl.

A further £0.9m of rent is due by the beginning of next month and also 1 March under agreed monthly rental concessions.

LondonMetric said no further deferred payment plans have been agreed and all previously agreed plans are being honoured, with £1.2m collected to date.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

LMP Market Data

Currency UK Pounds
Share Price 194.50p
Change Today -0.40p
% Change -0.21 %
52 Week High 210.20p
52 Week Low 156.40p
Volume 2,178,605
Shares Issued 2,040.57m
Market Cap £3,968.90m

LMP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
56.05% below the market average56.05% below the market average56.05% below the market average56.05% below the market average56.05% below the market average
77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average
Price Trend
1.51% below the market average1.51% below the market average1.51% below the market average1.51% below the market average1.51% below the market average
40.00% above the sector average40.00% above the sector average40.00% above the sector average40.00% above the sector average40.00% above the sector average
Income
48.55% above the market average48.55% above the market average48.55% above the market average48.55% above the market average48.55% above the market average
3.70% above the sector average3.70% above the sector average3.70% above the sector average3.70% above the sector average3.70% above the sector average
Growth
6.86% above the market average6.86% above the market average6.86% above the market average6.86% above the market average6.86% above the market average
31.03% above the sector average31.03% above the sector average31.03% above the sector average31.03% above the sector average31.03% above the sector average

What The Brokers Say

Strong Buy 4
Buy 4
Neutral 5
Sell 0
Strong Sell 0
Total 13
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

LMP Dividends

  Latest Previous
  4th Interim 3rd Interim
Ex-Div 13-Jun-24 29-Feb-24
Paid 22-Jul-24 08-Apr-24
Amount 3.00p 2.40p

Trades for 14-Jun-2024

Time Volume / Share Price
16:35 20 @ 194.50p
16:35 9,279 @ 194.50p
16:35 9,593 @ 194.50p
16:35 1,050,260 @ 194.50p
16:35 6,870 @ 194.50p

LMP Key Personnel

Finance Director Martin McGann
CEO Andrew Jones
Chair Alistair Elliott

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