LondonMetric Property PLC
LMP
ISIN GB00B4WFW713 / Valor 11617702
LondonMetric Property PLC
UMushroom community rating:
About company
LondonMetric Property PLC is a FTSE 100-listed real estate investment trust (REIT) based in the United Kingdom, specializing in triple net lease properties. With a portfolio valued at approximately £6 billion, the company focuses on sectors resilient to economic fluctuations, including logistics, healthcare, convenience, entertainment, and leisure. In recent years, LondonMetric has strategically transitioned from traditional retail parks, offices, and residential properties to concentrate on distribution centers and other triple net leased assets, enhancing the stability and predictability of its income streams. This strategic shift aligns with evolving market demands and helps position the company within structurally supported segments of the real estate market.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (01.10.2025):
LondonMetric Property PLC has reported robust financial results for Q4 2024, showcasing significant growth in earnings, dividends, and portfolio expansion. The company's strategic focus on winning sectors and successful M&A activities have driven substantial increases in net rental income and EPRA earnings, while maintaining strong operational metrics.
Net Rental Income
Net rental income surged by 123% to £390.6 million, reflecting the company's ability to generate reliable and growing income streams.
EPRA Earnings
EPRA earnings increased by 120% to £268.0 million, with a per-share growth of 20.7%, indicating strong profitability performance.
Dividend Growth
Dividends rose by 17.6% to 12.0p per share, covering 109% of earnings. A Q4 dividend of 3.3p was declared, with a continued dividend progression expected to reach 3.0p in Q1 2026, marking a 5.3% increase.
Portfolio Value
The company's portfolio value reached £6.2 billion, up from £6.0 billion in 2024, with logistics now representing 46% of the portfolio.
IFRS Profit and Returns
IFRS reported profit stood at £347.9 million, up from £118.7 million in 2024. Total accounting return increased to 9.7% compared to 1.3% in the previous year, outperforming the MSCI index by 200 basis points.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
5168 M
Market cap (USD)
4,668,681
Daily traded volume (Shares)
1.789 / 1.775
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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