LondonMetric Property (LMP)

Sector:

Property Investment Trusts

Index:

FTSE 100

188.70p
   
  • Change Today:
    -2.30p
  • 52 Week High: 209.00p
  • 52 Week Low: 170.50p
  • Currency: UK Pounds
  • Shares Issued: 2,342.91m
  • Volume: 4,073,701
  • Market Cap: £4,421.06m
  • Beta: 0.00

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 188.70p
Change Today -2.30p
% Change -1.20 %
52 Week High 209.00p
52 Week Low 170.50p
Volume 4,073,701
Shares Issued 2,342.91m
Market Cap £4,421.06m
Beta 0.00

LMP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
53.59% below the market average53.59% below the market average53.59% below the market average53.59% below the market average53.59% below the market average
58.33% below the sector average58.33% below the sector average58.33% below the sector average58.33% below the sector average58.33% below the sector average
Price Trend
39.3% below the market average39.3% below the market average39.3% below the market average39.3% below the market average39.3% below the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average
Income
55.00% above the market average55.00% above the market average55.00% above the market average55.00% above the market average55.00% above the market average
4.35% above the sector average4.35% above the sector average4.35% above the sector average4.35% above the sector average4.35% above the sector average
Growth
96.69% above the market average96.69% above the market average96.69% above the market average96.69% above the market average96.69% 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 3
Neutral 2
Sell 0
Strong Sell 0
Total 11
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
  4th Interim 3rd Interim
Ex-Div 29-May-25 06-Mar-25
Paid 09-Jul-25 11-Apr-25
Amount 3.30p 3.00p

Trades for 01-Aug-2025

Time Volume / Share Price
16:37 1,808 @ 188.70p
16:35 11,663 @ 188.70p
16:35 12,301 @ 188.70p
16:35 14,985 @ 188.70p
16:35 9,489 @ 188.70p

LMP Key Personnel

Finance Director Martin McGann
CEO Andrew Jones
Chair Alistair Elliott

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