London Metric Property 2016 final results

DividendMax Ltd.

Recurring profits increased 19% to £48.5 million

EPRA earnings of £48.5 million or 7.8p per share

Net rental income up 10% to £77.7 million. Contracted income up to £87.1 million

£11.7 million pa of new rental income from 1.9 million sq ft of completed developments and £3.5 million pa from asset management transactions

3.1% like-for-like income growth and 6.4% ERV growth

Full year dividend of 7.25p per share, 107% covered. Change to quarterly dividends with next payment of 1.8p per share expected October 2016