LondonMetric grows property portfolio to €8.5b

UK REIT LondonMetric has integrated Highcroft Investment and Urban Logistics REIT following their acquisitions in May and June 2025. 

Logistics asset

These acquisitions have grown LondonMetric's property portfolio to £7.3 bn (€8.5 bn) from £6.2 bn (€7.2 bn) at the end of March 2025 and increased net contracted rent to approximately £410 mln (€476 mln) annually from £340 mln (€394 mln). 
The acquisition of Urban Logistics' Investment Adviser for £7 mln (€8 mln), with a potential additional £1 mln (€1.1 mln) based on performance, has also been completed.
Since May 2025, LondonMetric has sold six assets for a total of £42.6 mln (€49.4 mln), including a logistics warehouse in Sheffield, four former LXi properties, and a vacant office building in Cardiff. Year-to-date, the company has sold 14 assets for £106 mln (€123 mln), matching their book values from March 2025.
LondonMetric has assumed £484 mln (€562 mln) in secured debt at an average interest rate of 4.26% as part of the Urban Logistics and Highcroft acquisitions. Total available debt facilities are now £1.0 bn (€1.1 bn), providing flexibility for future deals and debt refinancing.
In July 2025, LondonMetric announced a £3 bn (€3.5 bn) Euro Medium Term Note Programme, building on their recent BBB+ credit rating and creating a structure for potential bond issuance if market conditions are favorable.
LondonMetric is focused on high-growth sectors like logistics, convenience, healthcare, entertainment, and leisure.