LondonMetric Property (LMP)

Sector:

Property Investment Trusts

Index:

FTSE 100

187.20p
   
  • Change Today:
      5.70p
  • 52 Week High: 210.20
  • 52 Week Low: 172.50
  • Currency: UK Pounds
  • Shares Issued: 2,048.11m
  • Volume: 8,089,412
  • Market Cap: £3,834.06m

LondonMetric nabs British Land exec as chief investment officer

By Benjamin Chiou

Date: Tuesday 24 Sep 2024

LONDON (ShareCast) - (Sharecast News) - Real estate investor and developer LondonMetric has appointed British Land's head of real estate as its new chief investment officer.

Darren Richards will join the company in this newly created role and be part of the senior leadership team reporting directly to chief executive Andrew Jones.

"Darren is an influential and experienced real estate player and he will play an important role in the next phase of LondonMetric's journey. It's great to get the band back together," Jones said.

Richards has been on the executive committee of British Land since 2014, having worked there since 2005.

British Land announced in a statement that, as a result of Richards' departure, it would move its current head of strategy and investment, Kelly Cleveland, to a new combined role of head of real estate and investment.

"I'd like to take this opportunity to thank Darren for his unwavering support and significant contribution to the business over nearly 20 years and wish him the very best in his new role," said British Land's chief executive Simon Carter.

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LMP Market Data

Currency UK Pounds
Share Price 187.20p
Change Today 5.70p
% Change 3.14 %
52 Week High 210.20
52 Week Low 172.50
Volume 8,089,412
Shares Issued 2,048.11m
Market Cap £3,834.06m

LMP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
59.24% below the market average59.24% below the market average59.24% below the market average59.24% below the market average59.24% 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
12.10% above the market average12.10% above the market average12.10% above the market average12.10% above the market average12.10% above the market average
31.03% above the sector average31.03% above the sector average31.03% above the sector average31.03% above the sector average31.03% above the sector average
Income
49.19% above the market average49.19% above the market average49.19% above the market average49.19% above the market average49.19% above the market average
21.74% above the sector average21.74% above the sector average21.74% above the sector average21.74% above the sector average21.74% above the sector average
Growth
28.52% above the market average28.52% above the market average28.52% above the market average28.52% above the market average28.52% above the market average
55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average

What The Brokers Say

Strong Buy 7
Buy 2
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
  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 03-Apr-2025

Time Volume / Share Price
15:12 5,692 @ 187.00p
16:36 52,394 @ 187.20p
16:36 23,377 @ 187.20p
16:36 1,623 @ 187.20p
16:36 18,778 @ 187.20p

LMP Key Personnel

Finance Director Martin McGann
CEO Andrew Jones
Chair Alistair Elliott

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