UK's LondonMetric eyes Picton Property for potential takeover

Core Viewpoint - Picton Property Income is undergoing a formal sale process as part of its ongoing strategic review, with LondonMetric Property expressing interest in acquiring the real estate investment trust [1] Company Summary - Picton Property Income is currently in a formal sale process, indicating a strategic shift in its operations [1] - LondonMetric Property has shown interest in acquiring Picton Property Income, which may lead to potential changes in ownership and management structure [1]