LondonMetric, the UK's fourth largest real estate investment trust, has bought £70 million of warehouses and sold £50 million of "non-core" properties as it begins monetising assets from its corporate takeovers and pushing further into industrial.
LondonMetric’s industrial push sees REIT buy £70 million of sheds
Purchases include £26.4 million Farmfoods distribution centre outside Bristol
By Luke Haynes
CoStar NewsSeptember 2, 2024 | 9:04 AM
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Farmfoods
Western Approach, Severn Beach, SGC
- Companies
- LondonMetric Property plc
Real Estate
- Knight Frank LLP
Real Estate
- Contacts
- Andrew Jones
Co-Founder & Chief Executive Officer, LondonMetric Property plc