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Company type | Public |
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Industry | Property |
Founded | 2007 |
Headquarters | London, United Kingdom |
Key people | Patrick Vaughan, Chairman Andrew Jones, CEO |
Revenue | ![]() |
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Website | londonmetric.com |
LondonMetric Property plc is a British property company. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 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 circa 100 property investments, all located in the UK.[7] The company's investment properties were valued at £2.9 billion as of 31 March 2023.[1]
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