7 October 2025

LONDONMETRIC PROPERTY PLC

RETIREMENT OF VALENTINE BERESFORD

LondonMetric Property Plc ("Company" or "LondonMetric") announces that Valentine Beresford, Investment Director, has notified the Company of his decision to retire. He will leave the business at the end of the current financial year.

Following Valentine's retirement, Will Evers will become sole Head of Investment. Will joined Metric Property in 2010 and has been Joint Head of Investment with Valentine since 2024. He will continue to work alongside Darren Richards, who joined as Chief Investment Officer in January; Mark Stirling, Property Director; and Andrew Smith, Strategy Director.

Valentine was one of the original founders of Metric Property which had its IPO in 2010. He has worked with LondonMetric's management team for over 30 years, the last 13 of which were at LondonMetric after Pillar Property and British Land.

Andrew Jones, Chief Executive of LondonMetric, commented:

"It has been a great pleasure working with Valentine and we have had a wonderful time over many years with significantly more highs than lows, materially more wins than losses and considerably more laughs than tears. It is hard to overstate the significant contribution he has offered both as a colleague and friend while reshaping and growing LondonMetric's portfolio to £7.4 billion of assets.

"We have planned for this transition and have incredible strength in depth with both Will and Darren well established in their respective roles to ensure that we continue to capitalise on the significant opportunities that lie ahead."

Valentine Beresford, Investment Director of LondonMetric commented:

"I am hugely proud of what we have achieved at LondonMetric since co-founding Metric Property with Andrew and Mark in 2010. I have worked alongside them both consistently for 32 years and leave the Company in great shape with a best-in-class team." 

-Ends-

For further information, please contact:

LondonMetric Property Plc

Andrew Jones / Martin McGann / Gareth Price

Tel: +44 (0) 20 7484 9000

FTI Consulting

Dido Laurimore / Richard Gotla / Andrew Davis

Tel: +44 (0) 20 3727 1000

londonmetric@fticonsulting.com    

About LondonMetric Property Plc

LondonMetric is the UK's leading triple net lease REIT with a £7 billion portfolio aligned to structurally supported sectors of logistics, healthcare, convenience, entertainment and leisure. It owns and manages desirable real estate that meets occupiers' demands, delivers reliable, repetitive and growing income-led returns and outperforms over the long term.

Further information is available at www.londonmetric.com