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LondonMetric Sells £31.3 Million of Retail and Buys £45 Million of Warehouses

Some Sales Are Legacy Assets Following LXi REIT Merger
Nick Leslau's (left) LXi REIT recently merged with Andrew Jones's LondonMetric.
Nick Leslau's (left) LXi REIT recently merged with Andrew Jones's LondonMetric.

LondonMetric, which recently merged with LXi REIT to create the UK's fourth largest real estate investment trust, has sold seven properties retail assets for £31.3 million, and spent £45 million on urban warehouses.

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