CLS Holdings plc is a British commercial property investment business based in

London London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...

, England. It is listed on the

London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...

and is a constituent of the

FTSE 250 Index The FTSE 250 Index ( "Footsie") is a capitalisation-weighted index consisting of the 101st to the 350th largest companies listed on the London Stock Exchange. Promotions and demotions to and from the index occur quarterly in March, June, Septemb ...

History

The company was established by Sten Mörtstedt in 1987 and was first listed on the

in 1994. The Company was one of the original three investors in

The Shard The Shard, also referred to as the Shard of Glass, Shard London Bridge, and formerly London Bridge Tower, is a 72-storey skyscraper, designed by the Italian architect Renzo Piano, in Southwark, London, that forms part of The Shard Quarter dev ...

development at

London Bridge Several bridges named London Bridge have spanned the River Thames between the City of London and Southwark, in central London. The current crossing, which opened to traffic in 1973, is a box girder bridge built from concrete and steel. It r ...

in 2006 but sold its interest for £30 million in January 2008. Fredrik Widlund joined as CEO in November 2014, having previously been at GE Capital. In March 2016 Henry Klotz became Executive Chairman and Sten Mörtstedt became Executive Director. Historically, the Company made shareholder distributions by way of a tender offer buy-back, but announced in February 2017 the introduction of a dividend, and a proposed share sub-division. The former executive director Sten Mörtstedt died in December 2020 at the age of 80.

Operations

The company's property portfolio was valued at circa £2.2 billion as at 31 December 2021. One of the company's largest schemes is Vauxhall Square, a mixed-use scheme in the

Vauxhall Vauxhall ( ) is a district in South West London, part of the London Borough of Lambeth, England. Vauxhall was part of Surrey until 1889 when the County of London was created. Named after a medieval manor, "Fox Hall", it became well known for ...

area of London.

References

External links

Official site
{{DEFAULTSORT:CLS Holdings Companies based in the London Borough of Lambeth 1987 establishments in England Real estate companies established in 1987 Property companies of the United Kingdom Companies listed on the London Stock Exchange