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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Londonmetric Property Plc | LSE:LMP | London | Ordinary Share | GB00B4WFW713 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-1.20 | -0.59% | 202.80 | 202.00 | 202.40 | 206.40 | 202.00 | 206.00 | 2,081,635 | 16:35:22 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Real Estate Agents & Mgrs | 146.7M | -506.3M | -0.4648 | -4.36 | 2.21B |
TIDMLMP
RNS Number : 6248L
LondonMetric Property PLC
14 January 2021
14 January 2021
LONDONMETRIC PROPERTY PLC
Rent collection update
LondonMetric Property ("Company") announces an update on December 2020 rent collection.
The Company reports that, of the GBP22.8 million December quarterly and monthly rents due, it has collected 98% with a further 1% expected imminently. Rent collection is high across all sectors with distribution at 99%, long income at 98%, offices at 100% and retail parks at 95%.
The outstanding rent, therefore, is just over GBP0.2 million with active discussions continuing on GBP0.1 million and the balance subject to companies in administration; mostly relating to a property where we are securing vacant possession for a new letting to Lidl.
A further GBP0.9 million of rent is due by 1(st) February and also 1(st) March under agreed monthly rental concessions.
No further deferred payment plans have been agreed and all previously agreed plans are being honoured with GBP1.2 million collected to date.
For further information, please contact:
LondonMetric Property Plc
Andrew Jones / Martin McGann / Gareth Price
Tel: +44 (0) 20 7484 9000
FTI Consulting
Dido Laurimore / Richard Gotla / Andrew Davis
Tel: +44 (0) 20 3727 1000
londonmetric@fticonsulting.com
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END
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(END) Dow Jones Newswires
January 14, 2021 02:00 ET (07:00 GMT)
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