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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, performing private equity style investments in direct property and asset-backed operating businesses.

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

Portfolio

The company's portfolio includes:

Investments

• Atlas Hotels, a hotel real estate and operating company with 46 limited service hotels across the UK
• 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
• The Empire, Leicester Square
• General Healthcare Group, the UK's leading independent health provider with 67 hospitals
• 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
• 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. The Livingstones withdrew from parallel negotiations to buy the Royal Crescent hotel.
• 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

References

1. London & Regional Properties, official website
2. "L&R Acquires Atlas Hotels". 29 April 2016. Retrieved 2017-11-20.
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.
4. ^ Neate, Rupert (2 September 2011). "Property magnates poised to buy Profumo mansion Cliveden". The Guardian. Retrieved 6 September 2011.
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.
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. "About BMI | BMI Healthcare UK". www.bmihealthcare.co.uk. Retrieved 2017-11-21.
12. Offers made on two-thirds of von Essen hotels, This is Bath, 5 September 2011. Retrieved 6 September 2011.
13. 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 2 February 2012. Retrieved 4 February 2012.

External links

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

• Property companies based in London
• Real estate companies established in 1987
• Family-owned companies of the United Kingdom