LondonMetric stays at the head of the pack

LondonMetric has performed well this year, though its share price dipped after investors reigned in interest rate expectations.

Published on November 26, 2024

by Natasha Voase

19 per cent increase in dividend
Targeting 50 per cent logistics weighting by year end

When times get tough, companies like LondonMetric (LMP) come to the fore. The property investor, which ascended to the FTSE 100 this year, posted a 102 per cent increase in half-year pre-tax profits, driven by its acquisitions of LXI and CTPT.

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