 | |
| Company type | Public |
|---|---|
| Industry | Property |
| Founded | 2007 |
| Headquarters | London, England, UK |
Key people | Alistair Elliott, Chairman Andrew Jones, CEO [1] |
| Revenue |  £178.1 million (2024) [2] |
| £161.3 million (2024) [2] | |
| £119.9 million (2024) [2] | |
| Website | londonmetric |
LondonMetric Property plc is a British property company based in London, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
The company was established by Raymond Mould and Patrick Vaughan in October 2007 as London & Stamford Property plc and admitted to the Alternative Investment Market in November 2007. [3] It acquired a significant stake in the Meadowhall Shopping Centre from British Land in February 2009. [4] It was first listed on the London Stock Exchange and became a REIT in October 2010. [5]
In January 2013, the company merged with Metric Property Investments to form LondonMetric Property. [6]
In January 2024, it was confirmed that LondonMetric Property would acquire LXi REIT in a deal worth £1.9 billion (US$2.43 billion). [7]
The company has about 572 property investments, all located in the UK. The company's investment properties were valued at £6.2 billion as of 31 March 2024. [2]
A real estate investment trust is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, studios, warehouses, hospitals, shopping centers, hotels and commercial forests. Some REITs engage in financing real estate. REITs act as a bridge between the worlds of housing and urban development on one hand, and institutional investors and financial markets on the other. They are typically categorized into commercial REITs (C-REITs) and residential REITs (R-REITs), with the latter focusing on housing assets such as apartments and single-family homes.
The British Land Company Public Limited Company is one of the largest property development and investment companies in the United Kingdom. The firm became a real estate investment trust when REITs were introduced in the UK in January 2007. It is headquartered in London, England and is a founding member of the European Public Real Estate Association. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
Land Securities Group plc, trading as Landsec, is the largest commercial property development and investment company in the United Kingdom. The firm became a real estate investment trust (REIT) when REITs were introduced in the United Kingdom in January 2007. It is headquartered in London, England, and traded on the London Stock Exchange, and is a constituent of the FTSE 100 Index.
Hammerson plc is a major British property development and investment company. The firm switched to real estate investment trust (REIT) status when they were introduced in the United Kingdom in January 2007. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index; it is also a constituent of the FTSE EPRA/NAREIT Developed Europe index, among others. The majority of Hammerson's portfolio is in the United Kingdom, but it also operates in continental Europe, including operations in France, Ireland, Spain, and Germany. It invests mainly in offices and retail premises.
Great Portland Estates plc is a British property development and investment company. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The firm switched to Real Estate Investment Trust status when REITs were introduced in the United Kingdom in January 2007.
SEGRO plc is a British property investment and development company based in London, England. It develops and invests in property located in the United Kingdom and Continental Europe focusing on edge of town flexible business space. The firm switched to Real Estate Investment Trust status when REITs were introduced in the United Kingdom in January 2007. The company is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
London Stock Exchange Group plc, also known as LSEG, is a global provider of financial markets data and infrastructure. Headquartered in London, England. It owns the London Stock Exchange, Refinitiv, LSEG Technology, FTSE Russell, and majority stakes in LCH and Tradeweb.
Assura PLC is a British-based property business headquartered in Altrincham. It designs, builds, invests in and manages General Practitioner ('GP') and primary care buildings in the UK. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Workspace Group plc is a real estate investment trust based in London, England. Founded in 1987 by the privatisation of property assets of the former Greater London Council, the company lets office, industrial and workshop space to small and medium-sized enterprises. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
UK Commercial Property REIT, formerly UK Commercial Property Trust, was a large British investment trust dedicated to investments in UK commercial properties. Established in 2006, the company was listed on the London Stock Exchange until it was merged with Tritax Big Box REIT. The chairman was Ken McCullagh. It invested in shopping centres, shops, office buildings and industrial estates and warehousing/distribution centres.
Primary Health Properties plc is a British-based real estate investment trust, specialising in the rental of flexible and modern primary healthcare facilities within the United Kingdom and Ireland. The company is listed on the London Stock Exchange and is also a constituent of the FTSE 250 Index
Shaftesbury Capital, formerly Capital & Counties Properties plc, (Capco) is a United Kingdom-based property investment and development company focused on sites in the West End of London, including Covent Garden, Chinatown London and Carnaby Street, Soho.
Safestore is the UK’s largest and Europe’s second largest provider of self-storage. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Brightbay Real Estate Partners is a British property investment business. It was acquired by Starwood Capital Group in 2021 and remains a fully integrated Real Estate Investment Trust (REIT).
Harold Raymond Mould was an English businessman and successful racehorse owner.
LXi REIT is a real estate investment trust based in London, England. It was listed on the London Stock Exchange until it was acquired by LondonMetric Property in March 2024.
Tritax EuroBox plc is a British property investment company that invests in distribution centres across Europe. It was listed on the London Stock Exchange until it was acquired by Brookfield Asset Management in December 2024.
Urban Logistics REIT is a British property investment company which invests in warehouses. The company is structured as a real estate investment trust (REIT). The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Supermarket Income REIT is a British property investment company which invests in retail property and holds a large portfolio of supermarket buildings. It is structured as a real estate investment trust (REIT) that is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Target Healthcare REIT is a British property investment company which invests in healthcare properties and holds a large portfolio of care homes. It is structured as a real estate investment trust (REIT) and is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
|
