The sigma models on projective superspaces CP N+M −1|N with topological angle θ = π mod 2π flow to non-unitary, logarithmic conformal field theories in the low-energy limit. In this paper, we determine the exact spectrum of these theories for all open boundary conditions preserving the full global symmetry of the model, generalizing recent work on the particular case M = 0 [C. Candu et al, JHEP02 (2010)015]. In the sigma model setting, these boundary conditions are associated with complex line bundles, and are labelled by an integer, related with the exact value of θ. Our approach relies on a spin chain regularization, where the boundary conditions now correspond to the introduction of additional edge states. The exact values of the exponents then follow from a lengthy algebraic analysis, a reformulation of the spin chain in terms of crossing and non-crossing loops (represented as a certain subalgebra of the Brauer algebra), and earlier results on the so-called one-and two-boundary Temperley Lieb algebras (also known as blob algebras). A remarkable result is that the exponents, in general, turn out to be irrational. The case M = 1 has direct applications to the spin quantum Hall effect, which will be discussed in a sequel.