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Londonmetric Property Shares News & Articles

FTSE falls for second straight day with autos, leisure and travel bearing the brunt

UK share markets dropped sharply for the second day running on Thursday as the latest round of corporate earnings reports underlined the hit from the Covid-19 pandemic, with lender Non-Standard Finance (NSF) crashing after warning of going concern risks. The benchmark FTSE 100 fell 1.3% and the mid-cap FTSE 250 1.4%, tracking a slide in global equity markets on fears of more disruptions to ...

LondonMetric and Segro updates confirm logistics real estate is in rude health

Commercial property has been hard hit by the coronavirus crisis and the measures taken to contain it but updates from Segro (SGRO) and LondonMetric Property (LMP) suggest the logistics space is in a good place. Demand for logistics or, essentially, warehousing assets is being driven by a shift towards online retail and Segro announced this morning that a planned £650m placing had been upsized ...

Market report: RBS finance boss goes, Italy fall out goes on, former WPP man Sorrell back

The political crisis engulfing Italy continues to rattle investor cages across Europe and elsewhere around the globe, with Asian markets hit hard overnight. The UK’s FTSE 100 is making an unsettled start to trading on Wednesday, early modest gains being gradually whittled away to trade around 5 points lower at 7,627.65. It follows a 1.3% fall on Tuesday as investors took fright at the ...
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