Assets at Kingswinford-based London and Cambridge Properties rose sharply to close on £541.5m in 2010-11, an increase of more than £40 million on the previous year, which was itself £80 million up on the year before that.
London and Cambridge is one of the UK’s largest private owners of retail and industrial property. The company owns industrial, office and retail properties from Durham and St Helens in the north to Aldershot, Sidcup and Maidstone in the south, plus a large amount of property in and around the Black Country.
The company – 40 per cent owned by Caspar MacDonald Hall – has significant retail holdings in the town centres of Dudley and Walsall and industrial interests in Pensnett, Burntwood and Bloxwich. In all London and Cambridge Properties runs a portfolio of more than 15 million sq ft.
Major schemes include a £1.25 million 9,500 sq ft store for Home Bargains in the Churchill Shopping Centre, Dudley, a £3.2 million project on the Burntwood Business Park in Staffordshire and a £1 million Lidl store in Aldershot, as well as office lettings in Kingswinford, Sidcup and Maidstone.
Financial results for London and Cambridge in 2010-11 show a profit of £34.2 million.
Caspar MacDonald-Hall also owns 46 per cent of management holding company Ringmerit, based in Havant, Hampshire and jointly owns Southampton-based property investment company Proudreed as well as a £31 million stake in AIM Aviation, a Bournemouth-based aircraft interiors company which was founded by his father in 1970.
Sixty-two year-old Caspar MacDonald-Hall, who lives in Hampshire, loves fishing and game shooting and is regularly rated by The Field magazine as one of the 50 best shots in the country.
