LondonMetric Property (LMP)

Sector:

Property Investment Trusts

Index:

FTSE 250

209.20p
   
  • Change Today:
    -1.00p
  • 52 Week High: 210.40
  • 52 Week Low: 156.40
  • Currency: UK Pounds
  • Shares Issued: 2,040.57m
  • Volume: 2,708,927
  • Market Cap: £4,268.86m

LondonMetric sells two properties for combined £11.1m

By Frank Prenesti

Date: Friday 23 Apr 2021

LONDON (ShareCast) - (Sharecast News) - LondonMetric Property has sold two properties let to Marks & Spencer and Wickes in Derby for a combined £11.1m to unnamed buyers.
The sale represents a blended net initial yield of 6% and a 7% surplus to the last reported book value.

One property is a M&S Foodhall, sold to an overseas private investor for £6.2m and the other a Wickes store, purchased by an overseas property company for £4.9m.

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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 209.20p
Change Today -1.00p
% Change -0.48 %
52 Week High 210.40
52 Week Low 156.40
Volume 2,708,927
Shares Issued 2,040.57m
Market Cap £4,268.86m

LMP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
15.48% above the market average15.48% above the market average15.48% above the market average15.48% above the market average15.48% above the market average
40.74% below the sector average40.74% below the sector average40.74% below the sector average40.74% below the sector average40.74% below the sector average
Price Trend
32.48% above the market average32.48% above the market average32.48% above the market average32.48% above the market average32.48% above the market average
73.33% above the sector average73.33% above the sector average73.33% above the sector average73.33% above the sector average73.33% above the sector average
Income
30.64% above the market average30.64% above the market average30.64% above the market average30.64% above the market average30.64% above the market average
23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average
Growth
85.86% below the market average85.86% below the market average85.86% below the market average85.86% below the market average85.86% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below 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
  3rd Interim 2nd Interim
Ex-Div 29-Feb-24 30-Nov-23
Paid 08-Apr-24 11-Jan-24
Amount 2.40p 2.40p

Trades for 17-May-2024

Time Volume / Share Price
16:35 1,509,664 @ 209.20p
16:35 3,035 @ 209.20p
16:35 7,144 @ 209.20p
16:35 11,541 @ 209.20p
16:35 15,914 @ 209.20p

LMP Key Personnel

Finance Director Martin McGann
CEO Andrew Jones
Chair Alistair Elliott

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