LondonMetric Property PLC 2024 AR2
The report highlights LondonMetric Property Plc's transformational year, marked by its merger with LXi REIT plc and the acquisition of CT Property Trust Limited, which doubled its portfolio to £6.0 billion and established it as the UK's leading Triple Net Lease REIT. The company delivered strong financial performance with EPRA earnings per share increasing by 5.4% to 10.9p, supporting a 7.4% dividend increase to 10.2p per share. On the sustainability front, LondonMetric improved its GRESB score from 64 to 76, achieving a 3-star rating, and expanded its installed solar PV capacity to 7.6 MWp. Additionally, the company made significant progress in climate risk management, aligning 85% of its combined portfolio to an EPC rating of A-C.
Company: LondonMetric Property PLC
Sector: Real Estate
Country: United Kingdom
Year: 2024
Type: AR2
Pages: 224
LondonMetric Property PLC
Annual Report And Accounts
The report highlights LondonMetric Property Plc's transformational year, marked by its merger with LXi REIT plc and the acquisition of CT Property Trust Limited, which doubled its portfolio to £6.0 billion and established it as the UK's leading Triple Net Lease REIT. The company delivered strong financial performance with EPRA earnings per share increasing by 5.4% to 10.9p, supporting a 7.4% dividend increase to 10.2p per share. On the sustainability front, LondonMetric improved its GRESB score from 64 to 76, achieving a 3-star rating, and expanded its installed solar PV capacity to 7.6 MWp. Additionally, the company made significant progress in climate risk management, aligning 85% of its combined portfolio to an EPC rating of A-C.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees