LondonMetric Property (LMP)

Sector:

Property Investment Trusts

Index:

FTSE 100

179.00p
   
  • Change Today:
      1.40p
  • 52 Week High: 208.60p
  • 52 Week Low: 170.50p
  • Currency: UK Pounds
  • Shares Issued: 2,342.91m
  • Volume: 4,594,498
  • Market Cap: £4,193.80m
  • Beta: 0.00

LondonMetric sells five warehouses for £40.4m

By Frank Prenesti

Date: Monday 07 Apr 2025

LONDON (ShareCast) - (Sharecast News) - LondonMetric Property has sold £40.4m of mature and non-core urban warehousing across the UK, reflecting a net interest yield of 4.3%.
The five warehouses have been sold in separate transactions to owner occupiers and long only funds, the company said on Monday.

LondonMetric said the sales were in line with September 30 book values and have delivered a profit on cost of 30% and an ungeared internal rate of return of 10%.

Reporting by Frank Prenesti for Sharecast.com

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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 179.00p
Change Today 1.40p
% Change 0.79 %
52 Week High 208.60p
52 Week Low 170.50p
Volume 4,594,498
Shares Issued 2,342.91m
Market Cap £4,193.80m
Beta 0.00

LMP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
55.23% below the market average55.23% below the market average55.23% below the market average55.23% below the market average55.23% below the market average
68% below the sector average68% below the sector average68% below the sector average68% below the sector average68% below the sector average
Price Trend
4.29% above the market average4.29% above the market average4.29% above the market average4.29% above the market average4.29% above the market average
11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average
Income
55.87% above the market average55.87% above the market average55.87% above the market average55.87% above the market average55.87% above the market average
9.09% below the sector average9.09% below the sector average9.09% below the sector average9.09% below the sector average9.09% below the sector average
Growth
96.67% above the market average96.67% above the market average96.67% above the market average96.67% above the market average96.67% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 6
Buy 3
Neutral 4
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
  1st Interim 4th Interim
Ex-Div 28-Aug-25 29-May-25
Paid 08-Oct-25 09-Jul-25
Amount 3.05p 3.30p

Trades for 18-Sep-2025

Time Volume / Share Price
16:35 16,174 @ 179.00p
16:35 7,589 @ 179.00p
16:35 1,952,778 @ 179.00p
16:35 3,591 @ 179.00p
16:35 18,649 @ 179.00p

LMP Key Personnel

Finance Director Martin McGann
CEO Andrew Jones
Chair Alistair Elliott

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