CLS Holdings
 | |
| Public (LSE: CLI) | |
| 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 2 3 4 "Preliminary Results 2015" (PDF). CLS Holdings. Retrieved 1 April 2016.
- ↑ "CLS builds value". Interactive Investor. 2 October 2014. Retrieved 16 December 2014.
- ↑ "Shard of Glass shareholder sells stake as Qataris move in". London SE1. 10 January 2008. Retrieved 16 December 2014.
- ↑ "Richard Tice". Quidnet. Retrieved 1 April 2016.
- ↑ "CLS is a capital proposition". Shares Magazine. 2 May 2013. Retrieved 16 December 2014.
External links
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