LondonMetric Property (LMP)

Sector:

Property Investment Trusts

Index:

FTSE 100

193.60p
   
  • Change Today:
    -0.20p
  • 52 Week High: 204.60p
  • 52 Week Low: 170.50p
  • Currency: UK Pounds
  • Shares Issued: 2,343.43m
  • Volume: 4,292,684
  • Market Cap: £4,536.88m
  • Beta: 0.83

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 193.60p
Change Today -0.20p
% Change -0.10 %
52 Week High 204.60p
52 Week Low 170.50p
Volume 4,292,684
Shares Issued 2,343.43m
Market Cap £4,536.88m
Beta 0.83

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 4
Neutral 4
Sell 0
Strong Sell 0
Total 14
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 06-Nov-2025

Time Volume / Share Price
17:12 28,054 @ 193.60p
16:35 1,615 @ 193.60p
16:35 3,372 @ 193.60p
16:35 1,343 @ 193.60p
16:35 1,344 @ 193.60p

LMP Key Personnel

Finance Director Martin McGann
CEO Andrew Jones
Chair Alistair Elliott

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