Jump to content

LondonMetric Property

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Dormskirk (talk | contribs) at 16:39, 3 March 2020 (update). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

LondonMetric Property plc
Company typePublic (LSELMP)
IndustryProperty
Founded2007
HeadquartersLondon, United Kingdom
Key people
Patrick Vaughan, Chairman
Andrew Jones, CEO
Revenue£85.6 million (2019)[1]
£142.0 million (2019)[1]
£119.7 million (2019)[1]
Websitelondonmetric.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

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

Fleet Place in London

The Company has circa 100 property investments, all located in the UK.[6] The company's investment properties were valued at £1.8 billion as at 31 March 2019.[1]

References

  1. ^ a b c d "Annual Report 2019" (PDF). LondonMetric Property. Retrieved 3 March 2020.
  2. ^ London & Stamford Property: Prospectus Archived 2012-03-15 at the Wayback Machine
  3. ^ British Land sells Meadowhall to property magnate Raymond Mould Daily Telegraph, 9 February 2009
  4. ^ London & Stamford Property becomes a REIT Property Week, 1 October 2010
  5. ^ London & Stamford and Metric Property Merge to Create Larger REIT Archived 2013-02-16 at the Wayback Machine Invezz, 9 November 2012
  6. ^ "Office". londonmetric.com. Retrieved 30 March 2015.