LondonMetric Property PLC - Half Year Results 2018/19 interview
LMP Wed, 28 Nov 2018, 08:00am GMT
LondonMetric aims to deliver attractive returns for shareholders through a strategy of increasing income and improving capital values. It invests across the UK in Retail and Distribution properties as well as Greater London real estate opportunities. It employs an occupier-led approach to property investments through opportunistic acquisitions, joint ventures, active asset management and short cycle developments. The asset focus is on properties with enduring occupier appeal providing opportunities to improve both rental values and the security and longevity of income; and limited risk redevelopments with the aim of enhancing shareholder returns.
Industry: Real Estate
CEO Andrew Jones speaks to us about the highlights from LondonMetric's half year results for the six months to 30 September 2018. With the period seeing continued income growth for the Group, Andrew acknowledges the rise in online retail and emphasises the importance of "better, more efficient, logistic space in great geographies."