LondonMetric Property Plc’s £175 Million Shares Placing

In UK CMS Cameron McKenna Nabarro Olswang LLP, advised on the matter.

CMS Cameron McKenna Nabarro Olswang LLP advised LondonMetric Property Plc with a team including Gordon Anton (Equity Capital Markets), Kristy Duane (Picture – Equity Capital Markets).

LondonMetric Property Plc (LondonMetric), a FTSE 250 REIT, made a £175m placing of new ordinary shares to institutional investors and retail offer to UK retail investors.

LondonMetric intends to use the proceeds of this fundraising to invest in a programme of acquisitions and developments in the logistics and long income sectors. The funds will also enable LondonMetric to benefit from greater scale whilst maintaining a strong balance sheet and further improving the quality and granularity of its income.

The CMS team was led by Kristy Duane (Picture) and included Gordon Anton, Sophie Curran, Harry Cross, Hannah Forsyth and Maria Doran (all Corporate); and David Rivera (US Counsel).

Involved fees earner: Gordon Anton – CMS Cameron McKenna Nabarro Olswang LLP; Harry Cross – CMS Cameron McKenna Nabarro Olswang LLP; Sophie Curran – CMS Cameron McKenna Nabarro Olswang LLP; Kristy Duane – CMS Cameron McKenna Nabarro Olswang LLP; David Rivera – CMS Cameron McKenna Nabarro Olswang LLP;

Law Firms: CMS Cameron McKenna Nabarro Olswang LLP;

Clients: LondonMetric Property Plc;

Author: Giulia Di Palma