)
Londonmetric Property (LMP) investor relations material
Londonmetric Property H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net rental income increased by 15% year-over-year to £221.2m, supporting a 7% dividend increase and sector-leading cost efficiency.
Portfolio value rose 20% to £7.4bn, with logistics now comprising 54% of the portfolio and occupancy at 98.1%.
Active asset management and M&A activity, including the acquisitions of Highcroft and Urban Logistics, added £1.2bn in value and significant new rental income.
Four public takeovers in two years added £4.4bn in assets and £267m in rental income.
WAULT extended to 16.4 years, with gross to net income ratio at 98.5%.
Financial highlights
EPRA earnings reached £148.6m, up 9.7% year-over-year, with EPRA EPS at 6.7p.
Dividend per share increased 7% to 6.1p, fully cash covered with 111% dividend cover.
Total accounting return was 4.1%, or 3.3% including M&A costs.
Portfolio revaluation uplifted by £29.1m; IFRS profits at £130.3m, down from £163.8m due to acquisition-related costs.
EPRA NTA per share at 199.5p; net assets rose to £4.7bn.
Outlook and guidance
Expectation of further income, earnings, and dividend growth, supported by resilient UK consumer trends and low unemployment.
Rental growth in logistics and other core sectors anticipated to remain strong, with additional upside from asset management and lease renewals.
Additional £28m of rental uplift anticipated over the next 18 months.
Macro uncertainty persists, but interest rate cuts and lower inflation are expected to boost market confidence.
Focus remains on disciplined capital allocation, sector consolidation, and maintaining a progressive dividend.
Next Londonmetric Property earnings date
Next Londonmetric Property earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage