History
August 1986
Company founded by Peter Levy. Acquires 32 properties in Chinatown.
October 1987
Full listing on London Stock Exchange. Placing at £1.80 per share raises £8 million additional capital.
January 1989
Company raises £17 million by way of placing at £1.80 to acquire Celus Properties (1984) Limited.
June 1993
Rights issue at £0.88 raises £21 million.
January 1994
Capital reorganisation reduces nominal value of ordinary shares from £1 to 25p.
February 1994
£29 million tranche of 8.5% Mortgage Debenture Stock issued, secured on properties in Chinatown.
August 1996
Rights issue at £1.25 per share raises £29 million to fund purchase of Chinatown Island Site.
January 1997
Rights issue at £1.37 raises £35 million to part fund purchase of Carnaby Estate for £90 million.
February 1997
Second tranche of Mortgage Debenture stock issued to raise £63 million. Security extended to include Carnaby Estate and Chinatown Island Site.
August 1997
Shares issued to acquire 10.3% interest in Warnford Investments PLC for £10.5 million.
February 1998
Third tranche of Mortgage Debenture Stock issued to raise £48 million.
February 2000
Rights issue at £2.15 raises £50 million. Carnaby Island Site acquired for £42.5 million.
May 2001
Investment in Warnford surrendered in return for freehold properties in Chinatown valued at £15 million.
October 2004
Peter Levy, founder, retires as Chairman. John Manser appointed Chairman.
November 2005
EGM to approve the joint venture in Covent Garden with The Mercers Company.
December 2005
Opera Quarter aquired for £45 million.
April 2007
Conversion to REIT status.
May 2009
Rights Issue at £1.75 per share to raise £149.1 million

