UK's LondonMetric eyes Picton Property for potential takeover
Published by Global Banking & Finance Review®
Posted on February 11, 2026
1 min readLast updated: February 11, 2026

Published by Global Banking & Finance Review®
Posted on February 11, 2026
1 min readLast updated: February 11, 2026

LondonMetric Property is considering a takeover of Picton Property, which is undergoing a formal sale process as part of its strategic review.
Feb 11 (Reuters) - Picton Property Income said on Wednesday LondonMetric Property has expressed interest in the real estate investment trust, which is conducting a formal sale process as part of its ongoing strategic review.
(Reporting by Raechel Thankam Job in Bengaluru; Editing by Leroy Leo)
An acquisition is the process by which one company purchases another company, often to expand its operations, gain market share, or acquire new technologies or products.
A real estate investment trust (REIT) is a company that owns, operates, or finances income-producing real estate. It provides a way for individual investors to earn a share of the income produced through commercial real estate ownership.
A strategic review is a comprehensive evaluation of a company's direction, goals, and performance. It helps identify areas for improvement and informs decision-making for future growth.
Market capitalization is the total market value of a company's outstanding shares of stock. It is calculated by multiplying the share price by the total number of shares.
A formal sale process is a structured approach to selling a business or asset, which typically includes preparing the business for sale, marketing it to potential buyers, and negotiating terms.
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