John was appointed Chairman in 2023 and has been Chief Executive since 2001. During this time, he has acquired and disposed of over £500 million of shopping centres and other retail assets. Many of these assets were acquired in need of investment and strong management, and subsequently sold at a profit once the asset management initiatives had been achieved. John has also set up successful joint ventures between LAP and Bank of Scotland, Schroders, Oaktree Capital Partners and other property companies. LAP formed Analytical Ventures, the final joint venture that Uberior Properties invested in before Bank of Scotland closed the department to new JVs, and Analytical was one of the very few JVs not to be transferred into the Bank’s Business Support Unit. John and LAP have also been appointed as asset managers on substantial (>£100 million) shopping centre portfolios by a number of insolvency practitioners including Deloittes, Grant Thornton and Allsop, and for lenders including Lloyds Banking Group and NAMA.
Jonathan was appointed Finance Director in 2019 and is also the Company Secretary. He is an ACA qualified Finance Director experienced in real estate, consultancy and construction in the UK and internationally. He joined from McBains, where he had been Finance Director since 2011. Prior to this he was Chief Financial Officer of the CEMEA construction services business at Lend Lease and has held senior finance positions at Brixton plc and Balfour Beatty plc.
Sir Michael Heller joined the Board of London & Associated Properties in 1971. He first qualified as a chartered accountant and then worked with his Father, post-qualifying, until 1970. In 1971, he invested in London & Associated Properties which is listed on the London Stock Exchange and became executive-Chairman in 1977. Prior to Sir Michael’s involvement, London & Associated invested in listed shares with a heavy weighting in mining companies. After he became executive-Chairman he changed the emphasis to real estate specialising in shopping centres. In addition, London & Associated owns 42% of Bisichi Mining, which mines coal in South Africa. Bisichi is also listed on the London Stock Exchange. Sir Michael was knighted in the 2013 New Year Honours List for Philanthropy.