LondonMetric Property plc
TypePublic
IndustryProperty
Founded2007
HeadquartersLondon, United Kingdom
Key people
Patrick Vaughan, Chairman
Andrew Jones, CEO
RevenueIncrease £133.2 million (2022)[1]
Increase £762.2 million (2022)[1]
Increase £738.2 million (2022)[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 £3.6 billion as at 31 March 2022.[1]

References

  1. 1 2 3 4 "Annual Report 2022" (PDF). LondonMetric Property. Retrieved 17 February 2023.
  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. ↑ "UK developer London & Stamford makes offer for Metric". Reuters. 9 November 2012. Retrieved 30 April 2023.
  6. ↑ "Office". londonmetric.com. Retrieved 30 March 2015.
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