London & Regional Properties

London & Regional Properties
Type	Privately held company
Industry	Real estate, private equity
Founded	1987 in London, United Kingdom
Founder	Richard Livingstone (businessman), Ian Livingstone (property developer)
Headquarters	London, United Kingdom
Number of locations	3 offices
Key people	Richard Livingstone (businessman) (Executive Chairman); Ian Livingstone (property developer) (Executive Chairman); Leonard Sebastian (Managing Director);
AUM	£9 billion
Parent	Loopsign Limited
Website	lrp.co.uk

London & Regional Properties (L&R) is a private real estate and leisure investment firm based in London, United Kingdom. It is one of the largest privately held principal investors in Europe,[1] performing private equity style investments in direct property and asset-backed operating businesses.[2]

L&R was founded in 1987 by billionaire brothers Richard Livingstone, a chartered surveyor, and Ian, a former optometrist,[3][4] who are described by the Irish Independent as "secretive".[5] The firm's AuM is in the upwards of £9 billion.[6] L&R has business interests in the United Kingdom, Europe, and the Americas[7]

Portfolio

The company's portfolio includes:[8]

Investments

Atlas Hotels, a hotel real estate and operating company with 46 limited service hotels across the UK[9]
David Lloyd Leisure, a gym and health club company with 85 locations across the UK and Europe
London Hilton on Park Lane
The Trafalgar St. James London
The Lensbury[10]
The Empire, Leicester Square[11]
General Healthcare Group, the UK's leading independent health provider with 67 hospitals[12]
Atu's real estate portfolio of 271 assets located in Germany
Diageo's head office in London WC1
55 Baker Street, site of Marks & Spencer's former head office[3]
90 care homes, formerly managed by Southern Cross until 2011, to be managed by Orchard Care Homes in the North and Minster in the South-East
Cliveden, purchased from the collapsed Von Essen Hotels group in February 2012.[4] The Livingstones withdrew from parallel negotiations to buy the Royal Crescent hotel.[13][14]
Crowne Plaza hotel in Cambridge was bought for more than €45m from the former Sean Quinn Group in August 2012.
A development of 750 apartments with hotel and leisure facilities at Greenwich Peninsula
The Panama Pacifico, a US$700 million mini-city on the banks of the Panama Canal[3]

gollark: But if someone gets your password hashes or something, they can't be stopped from running it as fast as they want.

gollark: You can, and that should be done.

gollark: ...

gollark: I've finally actually gotten round to making offline backups, yay.

gollark: bye.

References

London & Regional Properties, official website
"L&R Acquires Atlas Hotels". Retrieved 2017-11-20.
Rossiter, James (8 February 2007). "UK developer wins $700m Panama contract". The Times. London. Archived from the original on 12 June 2011. Retrieved 15 July 2011.
Neate, Rupert (2 September 2011). "Property magnates poised to buy Profumo mansion Cliveden". The Guardian. Retrieved 6 September 2011.
Reynolds, John (27 November 2011). "Anglo-backed hotel was sold to ex-Anglo banker". Irish Independent. Retrieved 6 January 2012.
"London And Regional Properties". L + R | London And Regional Properties. Retrieved 2017-11-20.
London & Regional Properties Ltd, Business Week. Retrieved 15 July 2011.
Portfolio Archived 2011-06-21 at the Wayback Machine, L&R website
"HFF Announces Recapitalisation for 48-Property Hotel Portfolio in the United Kingdom" (Press release). Business Wire. November 6, 2017.
"Destination Hotels". LR Hotels. Retrieved 13 August 2020.
"Brothers' £2.9 bn empire". The Mail on Sunday. 30 July 2006. Archived from the original on 1 September 2011. Retrieved 2011-09-06.
"About BMI | BMI Healthcare UK". www.bmihealthcare.co.uk. Retrieved 2017-11-21.
Offers made on two-thirds of von Essen hotels, This is Bath, 5 September 2011. Retrieved 6 September 2011.
Harmer, Janet (30 January 2012). "Cliveden sale to complete tomorrow as new owners promise to return property's sparkle". Caterer & Hotelkeeper. Archived from the original on 4 February 2012. Retrieved 4 February 2012.

External links

http://www.lrp.co.uk/ - official website

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.

[1] London & Regional Properties, official website

[2] "L&R Acquires Atlas Hotels". Retrieved 2017-11-20.

[times2007-3] Rossiter, James (8 February 2007). "UK developer wins $700m Panama contract". The Times. London. Archived from the original on 12 June 2011. Retrieved 15 July 2011.

[Neate-4] Neate, Rupert (2 September 2011). "Property magnates poised to buy Profumo mansion Cliveden". The Guardian. Retrieved 6 September 2011.

[ie-1-5] Reynolds, John (27 November 2011). "Anglo-backed hotel was sold to ex-Anglo banker". Irish Independent. Retrieved 6 January 2012.

[6] "London And Regional Properties". L + R | London And Regional Properties. Retrieved 2017-11-20.

[BW-7] London & Regional Properties Ltd, Business Week. Retrieved 15 July 2011.

[8] Portfolio Archived 2011-06-21 at the Wayback Machine, L&R website

[9] "HFF Announces Recapitalisation for 48-Property Hotel Portfolio in the United Kingdom" (Press release). Business Wire. November 6, 2017.

[10] "Destination Hotels". LR Hotels. Retrieved 13 August 2020.

[11] "Brothers' £2.9 bn empire". The Mail on Sunday. 30 July 2006. Archived from the original on 1 September 2011. Retrieved 2011-09-06.

[12] "About BMI | BMI Healthcare UK". www.bmihealthcare.co.uk. Retrieved 2017-11-21.

[13] Offers made on two-thirds of von Essen hotels, This is Bath, 5 September 2011. Retrieved 6 September 2011.

[14] Harmer, Janet (30 January 2012). "Cliveden sale to complete tomorrow as new owners promise to return property's sparkle". Caterer & Hotelkeeper. Archived from the original on 4 February 2012. Retrieved 4 February 2012.