- Liberty International
Infobox_Company
company_name = Liberty International
company_
company_type = Public (lse|LII)
company_slogan =
foundation = 1980
location =London ,England ,UK
key_people = Patrick Burgess, (Chairman )
David Fischel (CEO)
num_employees = 833 (2005)
industry =property
products = shopping centres, commercial & residential property
revenue = £374 million (2007)
operating_income=£129 million (2007)
net_income = £(105) million (2007)
homepage = [http://www.liberty-international.co.uk www.liberty-international.co.uk]Liberty International (lse|LII) is British
property investment company. Formerly aplc , it switched toReal Estate Investment Trust status when REITs were introduced in the United Kingdom in January 2007. It is a constituent of theFTSE 100 Index .History
The Company was established by Sir Donald Gordon in 1980 under the name of "Transatlantic Insurance Holdings plc" as an offshoot "Liberty Life Association of Africa", a business he had founded in 1957. [ [http://www.donaldgordon.org/cv/MrDonaldGordon.htm Sir Donald Gordon - CV] ] The Company developed into a leading life assurance business in the 1980s, diversified into property investment in the 1990s and more recently has divested its life assurance business.
Operations
The company operates through its two principal subsidiaries:
Capital Shopping Centres and Capital & Counties. [ [http://www.liberty-international.co.uk/business/ Liberty International - Businesses] ]The Capital Shopping Centres subsidiary owns
Braehead inGlasgow , Eldon Square inNewcastle upon Tyne , The Harlequin inWatford , theMetroCentre inGateshead and a number of other UK shopping centres.The Capital & Counties subsidiary owns much of
Covent Garden inLondon : it invests in both residential and commercial real estate in the UK and also inCalifornia .As at 31 December 2007 the Company's property portfolio was valued at £8.6bn. [ [http://annualreport2007.liberty-international.co.uk/financialreview/results.jsp Liberty International Annual Report 2007] ]
References
External links
* [http://www.liberty-international.co.uk Liberty International Official site]
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