London & Stamford Property
Encyclopedia
London & Stamford Property plc is a British
property
company. It is listed on the London Stock Exchange
.
in November 2007. It came to prominence when it acquired a significant stake in the Meadowhall Shopping Centre from British Land
in February 2009. It was first listed on the London Stock Exchange
and became a REIT in October 2010.
.
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
property
Property
Property is any physical or intangible entity that is owned by a person or jointly by a group of people or a legal entity like a corporation...
company. It is listed on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
.
History
The Company was established by Raymond Mould and Patrick Vaughan in October 2007 and admitted to the Alternative Investment MarketAlternative Investment Market
AIM is a sub-market of the London Stock Exchange, allowing smaller companies to float shares with a more flexible regulatory system than is applicable to the main market....
in November 2007. It came to prominence when it acquired a significant stake in the Meadowhall Shopping Centre from British Land
British Land
The British Land Company plc is one of the largest property development and investment companies in the United Kingdom. The firm switched to Real Estate Investment Trust status when REITs were introduced in the United Kingdom in January 2007. It is headquartered in London...
in February 2009. It was first listed on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
and became a REIT in October 2010.
Operations
The Company has fifteen property investments, all located in the UK, including a 15.7% stake in the Meadowhall Centre and a 100% stake in One Fleet Place in LondonLondon
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
.