LondonMetric Property's Resilient Income Should Continue to Support Growth -- Market Talk
Dow Jones2026/10/19 07:250725 GMT - LondonMetric Property has an increasingly diversified and resilient income stream, Barclays' Paul May and Kanad Mitra write. The U.K real-estate trust reported strong rental growth with annualized like-for-like income growth of 5.8%, Barclays notes, while investment activity remains high. Barclays reiterates its overweight recommendation on the stock, due to the company's long-duration and resilient income stream. Barclays continues to see around 2.7% annual growth between fiscal 2026 and 2031 as sustainable for the company. The U.K. bank expects dividend growth, portfolio recycling and for the company to lock in rent increases. Shares are down 0.7%. (michael.hennessey@wsj.com)
(END) Dow Jones Newswires
October 19, 2026 03:25 ET (07:25 GMT)
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