LondonMetric buys Wickes units

LondonMetric has snapped up £28m-worth of Wickes outlets across the country from Aberdeen Asset Management, the firm announced yesterday. LondonMetric’s joint venture with the Universities Superannuation Scheme will use its loan facility to buy the buildings, and added that the firm is already in talks with Wickes to “materially extend the unexpired lease terms and progress various development initiatives”.