Finance

LondonMetric agrees £200m takeover of CT Property Trust

By 2023-05-24T08:39:00

Andrew Jones, chief executive officer at LondonMetric

LondonMetric has agreed a deal to buy rival CT Property Trust (CTPT) for £198.6m.

Subject to shareholder approval, the acquisition of CTPT will add 34 properties to LondonMetric’s £3bn portfolio.

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