CLS Holdings
Property company of the United Kingdom
From Wikipedia, the free encyclopedia
CLS Holdings plc is a British commercial property investment business based in London, England. It is listed on the London Stock Exchange, and specialises in office space across the United Kingdom, Germany and France.
| |
| Type | Public |
|---|---|
| LSE: CLI FTSE 250 component | |
| Industry | Property |
| Founded | 1987 as Central London Securities |
| Headquarters | London, England, United Kingdom |
| Key people | Lennart Sten (Independent Non-Executive Chairman) Anna Seeley (Non-Executive Director and Vice Chairman) Fredrik Widlund (Chief Executive Officer) Andrew Kirkman (Chief Financial Officer) |
| Revenue |  £139.7 million (2025)[1] |
 £(24.1) million (2025)[1] | |
| £(50.3) million (2025)[1] | |
| Website | www |
History
The company was established by Sten Mörtstedt as Central London Securities 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 in January 2008.[3] Richard Tice was appointed CEO in 2010.[4]
Fredrik Widlund replaced Richard Tice as CEO in November 2014, having previously been at GE Capital.[5]
Historically, the company made shareholder distributions by way of a tender offer buy-back, but announced in February 2017 the introduction of a dividend, and a proposed share sub-division.[6]
The former executive director Sten Mörtstedt died in December 2020 at the age of 80.[7]
Operations
The company's property portfolio was valued at circa £1.6 billion as at 31 December 2025.[1]