Strong demand for LondonMetric Property capital raising

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Strong demand for LondonMetric Property capital raising

Aidan Gregory
May 05, 2020 02:00 PM
LondonMetric_PA_575_375
(200415) -- LONDON, April 15, 2020 (Xinhua) -- Photo taken on April 14, 2020 shows the City of London, in London, Britain. Due to the impact of the novel coronavirus outbreak, Britain's gross domestic product (GDP) could fall 35 percent in the second quarter but will bounce back quickly, said the Office for Budget Responsibility (OBR) Tuesday. (Xinhua/Han Yan) | Han Yan/Xinhua News Agency/PA Images

LondonMetric Property, the UK real estate development company, has completed a £120m ($149m) capital raising to fund the acquisition of new properties as part of its pivot into urban logistics.

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