LondonMetric Property (LMP)

Sector:

Property Investment Trusts

Index:

FTSE 100

182.30p
   
  • Change Today:
    -1.10p
  • 52 Week High: 210.20
  • 52 Week Low: 172.50
  • Currency: UK Pounds
  • Shares Issued: 2,048.11m
  • Volume: 13,006,613
  • Market Cap: £3,733.70m

LondonMetric off loads non-core properties, buys seven more

By Frank Prenesti

Date: Wednesday 15 Jan 2025

LONDON (ShareCast) - (Sharecast News) - LondonMetric Property said it had sold 10 non-core properties for £74.2 million and bought seven more for £50.1m.
Chief executive Andrew Jones said: "We have again successfully disposed of non-core assets at prices in line with our valuations and reinvested into higher quality opportunities in strong conviction sectors, where rental growth prospects are more compelling."

Email this article to a friend

or share it with one of these popular networks:


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 182.30p
Change Today -1.10p
% Change -0.60 %
52 Week High 210.20
52 Week Low 172.50
Volume 13,006,613
Shares Issued 2,048.11m
Market Cap £3,733.70m

LMP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
56.77% below the market average56.77% below the market average56.77% below the market average56.77% below the market average56.77% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Price Trend
0.37% below the market average0.37% below the market average0.37% below the market average0.37% below the market average0.37% below the market average
17.24% above the sector average17.24% above the sector average17.24% above the sector average17.24% above the sector average17.24% 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
18.18% above the sector average18.18% above the sector average18.18% above the sector average18.18% above the sector average18.18% above the sector average
Growth
26.91% above the market average26.91% above the market average26.91% above the market average26.91% above the market average26.91% 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 01-Apr-2025

Time Volume / Share Price
15:27 4,000,000 @ 183.00p
15:27 4,000,000 @ 183.00p
16:51 27,619 @ 183.81p
16:35 64,731 @ 182.30p
16:35 13,300 @ 182.30p

LMP Key Personnel

Finance Director Martin McGann
CEO Andrew Jones
Chair Alistair Elliott

Top of Page