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Londonmetric Property (LMP) investor relations material
Londonmetric Property H2 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved strong rental income growth and dividend progression, supported by successful integration of acquired portfolios and active asset management.
Portfolio occupancy remained high at 98% with average lease lengths of 17 years, reflecting robust tenant demand.
Continued to improve portfolio quality through targeted disposals and acquisitions, focusing on structurally supported sectors.
Financial highlights
Net rental income increased by approximately 16% year-over-year to over £450 million.
Like-for-like income growth reached 4.2% year-over-year.
Rent reviews delivered an average uplift of 19%, with logistics open market reviews achieving 38%.
EPRA cost ratio fell to 7.7%, with expectations for further reduction.
Full year dividend per share expected to rise 4% to 12.45 pence, marking eleven consecutive years of growth.
Outlook and guidance
Confident in managing finance costs to prevent material increases in the coming years.
Expect continued sustainable income growth and further dividend progression.
- £7.4bn portfolio, 98% occupancy, and 11 years of dividend growth driven by logistics focus.LMP
Investor presentation16 Mar 2026 - Portfolio doubled to £6bn via M&A, driving strong income growth and progressive dividends.LMP
H2 202426 Feb 2026 - Record earnings and dividend growth driven by M&A, logistics focus, and cost efficiencies.LMP
H1 202512 Jan 2026 - Net rental income up 15%, portfolio at £7.4bn, logistics 54%, and dividend up 7%.LMP
H1 202620 Nov 2025 - EPS up 21% and dividends up 18% on strong rental growth and logistics expansion.LMP
H2 202519 Nov 2025 - Portfolio expanded to £7.3 billion with strong rent growth and enhanced financing options.LMP
Trading Update9 Jul 2025
Next Londonmetric Property earnings date
Next Londonmetric Property earnings date
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