UK's Picton climbs as LondonMetric eyes potential acquisition

Londonmetric Property

11/02/2026 10:24

** Shares of real estate investment trust Picton Property Income PCTN.L up 5.4% at 87.6p

** Co says LondonMetric Property LMPL.L  has expressed interest in co as part of its ongoing strategic review and formal sale process

** LMPL has not made an offer for Picton, no certainty that one will be made or on what terms

** LondonMetric shares up 0.7%

** YTD, PCTN stock had risen 17.4%

 (Reporting by Tuhina in Bengaluru)

 ((Tuhina@thomsonreuters.com))