Operating income Website www.clsholdings.com Revenue 118.9 million GBP (2015) Parent organization Mortstedt Family Trust | Net income £132.1 million (2015) Founded 1987 | |
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Key people Henry Klotz(Executive Chairman)Anna Seeley(Non-Executive Vice Chairman)Fredrik Widlund(Chief Executive Officer)John Whiteley(Chief Financial Officer)Sten Mörtstedt(Executive Director) Stock price CLI (LON) 1,713.89 GBX -16.11 (-0.93%)3 Mar, 4:57 PM GMT - Disclaimer Profiles | ||
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 £1.49bn (30 June 2016) across the UK, France and Germany.
Contents
History
The company was established by Sten Mörtstedt in 1987 and was first listed on the London Stock Exchange in 1994. 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. Richard Tice joined in 2010 as CEO, and in his four years to leaving in 2014, saw the share price triple.
Operations
The company’s property portfolio was valued at circa £1.49 billion as at 30 June 2016. One of the company’s largest schemes is the £500 million Vauxhall Square mixed-use scheme in the Vauxhall area of London.
The Company's property portfolio expands across the UK, France and Germany.