CLS Holdings

From Infogalactic: the planetary knowledge core
Jump to: navigation, search
CLS Holdings plc
Public (LSECLI)
Industry Property
Founded 1987
Headquarters London, United Kingdom
Key people
Sten Mörtstedt
(Executive Chairman)
Henry Klotz
(Executive Vice Chairman)
Fredrik Widlund
(Chief Executive Officer)
John Whiteley
(Chief Financial Officer)
Revenue £118.9 million (2015)[1]
£168.7 million (2015)[1]
£132.1 million (2015)[1]
Website www.clsholdings.com

CLS Holdings plc is a British commercial property investment business. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The company has a property portfolio valued at £1.3bn (31 December 2014) across the UK, France, Germany and Sweden.

History

The company was established by Sten Mörtstedt in 1987 and was first listed on the London Stock Exchange in 1994.[2] The company was one of the original three investors in The Shard development at London Bridge in 2006 but sold its interest for £30 million in January 2008.[3] Richard Tice joined in 2010 as CEO, and in his four years to leaving in 2014, saw the share price triple.[4]

Operations

The company’s property portfolio was valued at circa £1.4 billion as at 31 December 2015.[1] One of the company’s largest schemes is the £500 million Vauxhall Square mixed-use scheme in the Vauxhall area of London.[5]

The Company's property portfolio expands across the UK, Sweden, France and Germany.

References

  1. 1.0 1.1 1.2 1.3 Lua error in package.lua at line 80: module 'strict' not found.
  2. Lua error in package.lua at line 80: module 'strict' not found.
  3. Lua error in package.lua at line 80: module 'strict' not found.
  4. Lua error in package.lua at line 80: module 'strict' not found.
  5. Lua error in package.lua at line 80: module 'strict' not found.

External links