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BlackRock Adjusts Stake in LondonMetric Property

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BlackRock Adjusts Stake in LondonMetric Property

LondonMetric Property ( (GB:LMP) ) has provided an announcement.

LondonMetric Property PLC has announced a change in its major holdings, with BlackRock, Inc. adjusting its voting rights. As of February 28, 2025, BlackRock’s total voting rights in LondonMetric have decreased slightly from 7.5% to 7.41%. This adjustment reflects a minor shift in BlackRock’s investment position, which may have implications for the company’s shareholder dynamics and influence within the real estate sector.

More about LondonMetric Property

LondonMetric Property PLC is a UK-based real estate investment trust (REIT) that focuses on property investment and management. The company primarily deals with logistics and distribution properties, catering to the growing demand for e-commerce and urban logistics facilities.

YTD Price Performance: 3.50%

Average Trading Volume: 5,383,375

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £3.81B

Find detailed analytics on LMP stock on TipRanks’ Stock Analysis page.

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