LondonMetric Property (LMP)

Sector:

Property Investment Trusts

Index:

FTSE 100

192.90p
   
  • Change Today:
      1.40p
  • 52 Week High: 210.20
  • 52 Week Low: 170.50
  • Currency: UK Pounds
  • Shares Issued: 2,055.25m
  • Volume: 20,283,161
  • Market Cap: £3,964.58m

LondonMetric buys M&S logistics warehouse for £74m

By Frank Prenesti

Date: Thursday 10 Apr 2025

LONDON (ShareCast) - (Sharecast News) - LondonMetric Property said it had bought a long-let Marks & Spencer logistics warehouse for £74m, reflecting a net interest yield of 5.65%.
The 390,000 sq ft regional logistics warehouse is pre-let to M&S on a 20-year lease with five yearly upward only rent reviews linked to CPI, the company said on Thursday.

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 192.90p
Change Today 1.40p
% Change 0.73 %
52 Week High 210.20
52 Week Low 170.50
Volume 20,283,161
Shares Issued 2,055.25m
Market Cap £3,964.58m

LMP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
58.16% below the market average58.16% below the market average58.16% below the market average58.16% below the market average58.16% below the market average
52% below the sector average52% below the sector average52% below the sector average52% below the sector average52% below the sector average
Price Trend
8.42% above the market average8.42% above the market average8.42% above the market average8.42% above the market average8.42% above the market average
3.45% above the sector average3.45% above the sector average3.45% above the sector average3.45% above the sector average3.45% above the sector average
Income
49.25% above the market average49.25% above the market average49.25% above the market average49.25% above the market average49.25% above the market average
4.76% above the sector average4.76% above the sector average4.76% above the sector average4.76% above the sector average4.76% above the sector average
Growth
33.65% above the market average33.65% above the market average33.65% above the market average33.65% above the market average33.65% above the market average
62.96% above the sector average62.96% above the sector average62.96% above the sector average62.96% above the sector average62.96% above the sector average

What The Brokers Say

Strong Buy 5
Buy 2
Neutral 2
Sell 0
Strong Sell 0
Total 9
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
  3rd Interim 2nd Interim
Ex-Div 06-Mar-25 05-Dec-24
Paid 11-Apr-25 13-Jan-25
Amount 3.00p 2.85p

Trades for 09-May-2025

Time Volume / Share Price
16:35 39,849 @ 192.90p
16:35 14,897 @ 192.90p
16:35 18,784 @ 192.90p
16:35 5,137 @ 192.90p
16:35 16,239 @ 192.90p

LMP Key Personnel

Finance Director Martin McGann
CEO Andrew Jones
Chair Alistair Elliott

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