| LondonMetric Property plc | |
| Foundation: | 2007 |
| Location: | London, England, UK |
| Key People: | Patrick Vaughan, Chairman Andrew Jones, CEO |
| Industry: | Property |
| Revenue: | £178.1 million (2024)[1] |
| Operating Income: | £161.3 million (2024) |
| Net Income: | £119.9 million (2024) |
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.[2] It came to prominence when it acquired a significant stake in the Meadowhall Shopping Centre from British Land in February 2009.[3] It was first listed on the London Stock Exchange and became a REIT in October 2010.[4]
In January 2013, the company merged with Metric Property Investments to form LondonMetric Property.[5]
In January 2024, it was confirmed that LondonMetric Property would acquire LXi REIT in a deal worth £1.9 billion (US$2.43 billion).[6]
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.[1]