LondonMetric Property (LON:LMP) reported higher full-year earnings, rental income and dividends, with management pointing to acquisitions, asset management activity and refinancing as key drivers of the results.
Andrew, speaking for LondonMetric, said the company had continued its “triple net income compounding model” during the year, growing the portfolio by 23% and adding GBP 1.5 billion to portfolio value. Of that, GBP 1.2 billion came from the acquisitions of Urban Logistics and Highcroft.
