LondonMetric Property Plc (LSE:LMP) has completed the integration of its recent acquisitions—Highcroft Investment Plc and Urban Logistics REIT Plc—boosting its total portfolio value to £7.3 billion. The company now generates approximately £410 million in annual net contracted rent, reflecting the strength of its income-led strategy.
In addition to expanding its asset base, LondonMetric has remained active on the investment front, selling 14 properties this financial year for £106 million. Through targeted asset management initiatives, it has also secured an extra £3.1 million in annual rental income.
To support ongoing growth and manage future liabilities, the company has access to £484 million in secured debt facilities and has launched a new £3 billion Euro Medium Term Note Programme, enhancing its ability to finance upcoming transactions and refinance maturing debt.
LondonMetric continues to demonstrate sound financial discipline and strategic execution. While its financial indicators and valuation metrics paint a positive picture, prudent oversight of debt levels remains essential to sustaining momentum.
About LondonMetric Property Plc
LondonMetric is a leading UK-based Real Estate Investment Trust (REIT) specializing in triple net lease properties. With a £7 billion portfolio, the company targets high-demand sectors including logistics, convenience retail, healthcare, leisure, and entertainment. Its core objective is to generate consistent, inflation-linked returns by investing in high-quality, income-producing assets across the UK.
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