MWB Group Holdings
Property company of the United Kingdom
From Wikipedia, the free encyclopedia
MWB Group Holdings was a British-based property investment and development business.
History
The company was founded by Richard Balfour-Lynn as a property development business under the name Warwick Balfour Properties plc in 1982.[2]
It adopted a new structure and the name Marylebone Warwick Balfour Group plc in 1994.[2] In 1997, it undertook a reverse takeover of Ex-Lands Properties plc and thereby secured a listing on the London Stock Exchange.[2] In 2008, it underwent a capital reorganisation, with a new holding company, MWB Group Holdings plc.[3]
After getting into financial difficulties, the company was put into administration in 2012.[4][5] As of late 2015, together with MWB Management Services, and MWB Serviced Office Holdings, the company was recorded by Companies House as "in liquidation".[6][7] Also as of late 2015, hospitality business magazine The Caterer listed MWG Group Holdings as "no longer trading".[8]
Operations
The Group's business interests included providing serviced office accommodation at offices in the UK through a 71.5% interest in MWB Business Exchange plc, the Malmaison and Hotel du Vin hotel chains, as well as the Liberty & Co. department store on Regent Street in the West End of London's shopping district.[9]