London & Associated Properties PLC (LAS.L)
London & Associated Properties PLC operates in the Real Estate - Services industry of the Real Estate sector, headquartered in London, GB. The stock last traded at $4.00, up 33.33% on the session, giving a market capitalisation of $3.4M. Its beta of 0.09 implies it has historically moved less than the broad market.
London & Associated Properties (LAP) is a publicly traded real estate investment firm, primarily focused on retail properties. Its holdings consist of shopping centers and various other retail assets, valued at approximately £78 million. LAP also engages in collaborative ventures with institutional partners such as Oaktree Capital Management, Schroders, and Bank of Scotland. Its wholly-owned subsidiary, LAMS, operates as a property asset manager, offering both asset and property management services to external clients. These clients include prominent entities like Lloyds Bank, NAMA, Deloittes, and Grant Thornton, alongside the joint ventures LAP is involved in. Furthermore, LAP possesses a significant 41.5% stake in Bisichi Mining Plc, a listed mining company. LAP extends its management expertise to Bisichi's retail property portfolio.
London & Associated Properties PLC is most often compared with the following Real Estate names: