LondonMetric has added £2.4m to its annual rent roll since September.
The FTSE 250 REIT said it was on track to capture £8m in rent reversion over the next six to 12 months.
A series of 24 lettings and lease regears added £1.9m of rent, while rent reviews on a further 38 assets added £500,000.
These included a regear at a 290,000 sq ft regional logistics warehouse in Sheffield, where the WAULT was extended to 10 years and the rent increased by £800,000, representing a 50% uplift.
Chief executive Andrew Jones said: “We continue to see strong occupational activity across our portfolio from a very wide range of industries. This is allowing us to capture significant rental increases as well as negotiate longer lease lengths on shorter dated income. Over the next six to 12 months we expect to settle a high number of rent reviews and we are well on track to capturing the £8m of logistics rental reversion that we identified at the time of our last results.”
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