LondonMetric Property

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LondonMetric Property plc
Type Public (LSELSP)
Industry Property
Founded 2007
Headquarters London, United Kingdom
Key people Raymond Mould, Chairman
Patrick Vaughan, CEO
Revenue £32.8 million (2013)[1]
Operating income £4.6 million (2013)[1]
Net income £(13.4) million (2013)[1]
Website londonmetric.com

LondonMetric Property plc is a British property company. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

History[edit]

The Company was established by Raymond Mould and Patrick Vaughan in October 2007 as London & Stamford Property plc and admitted to the Alternative Investment Market in November 2007.[2] It came to prominence when it acquired a significant stake in the Meadowhall Shopping Centre from British Land in February 2009.[3] It was first listed on the London Stock Exchange and became a REIT in October 2010.[4] In January 2013 it merged with Metric Property Investments to form LondonMetric Property.[5]

Operations[edit]

The Company has circa ten property investments, all located in the UK including a 100% stake in One Fleet Place in London.[6] The company's investment properties were valued at £0.9 billion as at 31 March 2013.[1]

References[edit]