LondonMetric, the UK's second largest real estate investment trust, and Schroder Real Estate Investment Trust have reached agreement in principle on the terms of their all-share takeover of Picton Property Income.
LondonMetric and Schroders agree Picton takeover terms
Boards agree offer valuing business at £403.3 million
By Paul Norman
CoStar NewsMay 12, 2026 | 8:33 AM
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IN THIS ARTICLE
- Companies
- LondonMetric Property plc
Real Estate
- Picton Property Income Ltd
Real Estate