LondonMetric Property (LMP)

Sector:

Property Investment Trusts

Index:

FTSE 100

195.00p
   
  • Change Today:
      1.20p
  • 52 Week High: 204.60p
  • 52 Week Low: 170.50p
  • Currency: UK Pounds
  • Shares Issued: 2,343.43m
  • Volume: 1,607,911
  • Market Cap: £4,569.69m
  • Beta: 0.83

Urban Logistics REIT confirms takeover approach from LondonMetric

By Michele Maatouk

Date: Friday 11 Apr 2025

LONDON (ShareCast) - (Sharecast News) - Urban Logistics REIT confirmed on Friday that it has received a preliminary, indicative takeover proposal from LondonMetric.
"The board is currently reviewing the proposal with its advisers," it said in a brief statement, adding that there can be no certainty that any offer will be made nor as to the terms of any such offer.

Urban Logistics said a further announcement will be made as appropriate.

Under UK takeover rules, LondonMetric has until 9 May to either announce a firm intention to make an offer or walk away.

At 1255 BST, Urban Logistics shares were up 3.2% at 127.40p, while LondonMetric was 0.6% higher at 180.10p.

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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 195.00p
Change Today 1.20p
% Change 0.62 %
52 Week High 204.60p
52 Week Low 170.50p
Volume 1,607,911
Shares Issued 2,343.43m
Market Cap £4,569.69m
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
12:32 9 @ 195.00p
12:30 396 @ 195.20p
12:30 1,508 @ 195.20p
12:30 2 @ 195.00p
12:30 713 @ 195.10p

LMP Key Personnel

Finance Director Martin McGann
CEO Andrew Jones
Chair Alistair Elliott

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