LondonMetric Property plc is a British

property Property is a system of rights that gives people legal control of valuable things, and also refers to the valuable things themselves. Depending on the nature of the property, an owner of property may have the right to consume, alter, share, r ...

company. 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 P ...

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 AIM (formerly the Alternative Investment Market) is a sub-market of the London Stock Exchange that was launched on 19 June 1995 as a replacement to the previous Unlisted Securities Market (USM) that had been in operation since 1980. It allows ...

in November 2007.London & Stamford Property: Prospectus
It came to prominence when it acquired a significant stake in the Meadowhall Shopping Centre from

British Land The British Land Company plc is one of the largest property development and investment companies in the United Kingdom. The firm became a real estate investment trust when REITs were introduced in the UK in January 2007. It is headquartered in ...

in February 2009. It was first listed on the

and became a

REIT A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping ce ...

in October 2010. In January 2013 it merged with Metric Property Investments to form LondonMetric Property.

Operations

The company has circa 100 property investments, all located in the UK. The company's investment properties were valued at £3.6 billion as at 31 March 2022.

References

External links

Official WebsiteLandlord Assured
{{DEFAULTSORT:London and Stamford Property British companies established in 2007 Property companies of the United Kingdom Real estate investment trusts of the United Kingdom Companies based in the City of Westminster 2007 in London 2007 establishments in England