Naomi Heaton
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Naomi Heaton (married name Waxman; née Jarrett) is Executive Chair and owner of UK real estate investment advisory LCP Private office (formerly known as London Central Portfolio Limited.and associated companies, LCP Corp, LCP Capital Investments, LCP HQ and LCP Hospitality Holdings. Dubbed "property queen" by the London Evening Standard,[1] Naomi set up one of the first buying agents in the UK which she continued to develop to provide a full service offering including investment advisory, property search, renovation, interior design, letting and management, covering the residential and hospitality sectors.
Early career
Naomi Heaton joined advertising agency Leo Burnett after graduating from Oxford University in 1977 with an MA(Hons) in Human Sciences.[1] After moving to Saatchi & Saatchi in 1982 she became a board director in 1984.[1] A further move to Young & Rubicam saw her appointed as main board director from 1985–1986.[2]
Founding London Central Portfolio and the LCP group of companies
Naomi bought her first property—a garden flat in Camden Town—at age 26[3] and began buying, renovating and selling property on for profit as a hobby[1] while she pursued her advertising career. Feeling that there were no real challenges left for her in advertising,[4] and recognising a gap in the market for assisting investors like herself in the London real estate market,[5] she established London Central Portfolio (LCP) in 1989[6] to provide a full asset management service including property finding, refurbishment and lettings.[5] She is owner and was appointed Executive Chair in 2026, as well as holding directorships on further LCP group companies established in 2013–2014[7] and 2019 and a number of listed property funds.[8]
Establishing The Portfolio Club and The Other House Residents Club
Naomi established LCP Hospitality Holdings in 2019 to enter a joint venture with APG, the largest pension provider in the Netherlands with €587 billion in assets under management (May 2021). APG was an active investor in the hotel sector at the time and had invested in the citizenM hotels and a number of leading European hotels.[9]
The resulting joint venture partnership, The Portfolio Club (TPC), subsequently renamed The Other House Opco Holdings developed a lifestyle brand known as The Other House. This combined apartment style living with hotel services, a local hub with a cocktail bar, The Owl and Monkey and bistro The Other Kitchen and an exclusive members club, The Club at the Other House, establishing a new sector of ‘Residents Clubs’. This offered flexible stay accommodation from a night to a year providing a sense of community and experiences to remember, disrupting the conventional hotel model. [10]
The Other House acquired three assets. The first acquisition in December 2019 was a hotel known as Harrington Hall in South Kensington. The second acquisition in October 2020 was The Wellington Block in Covent Garden, acquired from Capco Holdings for £76.5m. The third acquisition was the old Belgravia Police station in Belgravia, which received planning consent in March 2026 to redevelop it into a third hotel.[11]
The Other House showcased the best in British design, utilising green technologies, focussing on sustainability and positive social and environmental impact. It has revolutionized the hospitality market with its flexible stay model and maximalist interiors . The Other House was awarded Lifestyle Business of the Year 2025 at the London Lifestyle Awards. [12]
The Other House has been acquired by One IM for £335m who will adopt a new positioning and strategy. As there was no strategic brand alignment, this led Naomi to leave the company she founded. She has taken on the role of Executive Chair at LCP Private Office where she will pursue other projects in the design, private members’ club and hospitality arena, given the extensive experience and accolades she has received during LCP’s ownership and her tenure at The Other House. [13]
Other activities
Naomi is considered a property investment expert[14] and has appeared on international media including BBC Radio 4's Today Programme,[15] BBC Radio 5 Live,[16] Sky News[17] and Reuters.[18] In 2017 she was named as one of London's top 50 CEOs by Citywealth,[19] as London's top buying agent by Spear's,[20] and as one of Debrett's people of today.[2] She regularly speaks at real estate and finance conferences.[21][22][23] and since the launch of The Other House, hospitality conferences including Hotel Designs Live, the Hospitality Leadership Design Conference, the Independent Hotel Show and Mews Unfold. She has also been interviewed on numerous podcasts including Desert Island Deals, Propertyshe, Giant Leap, What we think, Sustainable Hotels and Hospitality Design.
Naomi lives in London with her husband Professor Jonathan Waxman OBE, professor emeritus of oncology at Imperial College and founder and lifetime president of Prostate Cancer UK.[14] The UK's largest male healthcare charity. He is also author of around 400 scientific research papers and chapters, 11 books on cancer, a law book, a novel and two collections of short stories. Her home, a Nash stucco terrace near Regent's Park,[24] has been featured in the London Evening Standard,[1] Homes & Antiques Magazine,[14] and The London Magazine;[24] and Tatler Asia her interiors expertise has also appeared in the London Evening Standard.[25]