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London & Regional Properties

London & Regional Properties Limited
Company typePrivate limited company[1]
IndustryReal estate
Private equity
Founded1987; 38 years ago (1987)
Founders
Headquarters55 Baker Street
London, United Kingdom
Number of locations
3 offices
Key people
  • Richard Livingstone
  • Ian Livingstone
    (executive co-chairmen)
  • Desmond Taljaard
    (deputy chairman)
  • Cody Bradshaw
    (Group CEO)
  • Andy FIsh
    (Group CFO)
  • Joe Pettigrew
    (Group CCO)
AUM£9 billion
Owners
  • Richard Livingstone
  • Ian Livingstone[2]
Websitelrp.co.uk
landrhotels.com

London & Regional Properties Limited (L&R) is a private real estate and leisure investment firm based in London, United Kingdom. It is one of the largest privately held principal investors in Europe,[3] performing private equity style investments in direct property and asset-backed operating businesses.[4]

L&R was founded in 1987 by Richard Livingstone, a chartered surveyor, and his brother Ian, a former optometrist.[5][6] The brothers are billionaires and are described by the Irish Independent as "secretive".[7] The firm has upwards of £9 billion in assets under management.[8] L&R has business interests in the United Kingdom, Europe, and the Americas[9]

L+R Hotels

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In addition to its property and investment activities, London & Regional operates a global hotel platform known as L+R Hotels. As of 2025, the portfolio comprises 115 hotels across 11 countries, representing 37 brands and 19 management teams, with a combined asset value of approximately £7 billion[10]. The group’s holdings include landmark assets in London, Europe, and the United States, as well as the Iconic Luxury Hotels collection in the United Kingdom[11].

Key Appointments

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In 2025, Cody Bradshaw was appointed Chief Executive Officer (CEO) of L+R Hotels[12], with responsibility for leading the group’s global hotel platform. Joe Pettigrew was named Group Chief Commercial Officer (CCO)[13], overseeing revenue management, sales, marketing, brand, PR, and digital strategy[14]

Portfolio

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The company's portfolio includes:[15]

Investments

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References

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  1. ^ "Overview". Companies House. Retrieved 28 September 2024.
  2. ^ "Persons with significant control". Companies House. Retrieved 28 September 2024.
  3. ^ London & Regional Properties, official website
  4. ^ "L&R Acquires Atlas Hotels". 29 April 2016. Retrieved 20 November 2017.
  5. ^ a b c Rossiter, James (8 February 2007). "UK developer wins $700m Panama contract". The Times. London. Archived from the original on 12 June 2011. Retrieved 15 July 2011.
  6. ^ a b Neate, Rupert (2 September 2011). "Property magnates poised to buy Profumo mansion Cliveden". The Guardian. Retrieved 6 September 2011.
  7. ^ Reynolds, John (27 November 2011). "Anglo-backed hotel was sold to ex-Anglo banker". Irish Independent. Retrieved 6 January 2012.
  8. ^ "London And Regional Properties". L + R | London And Regional Properties. Retrieved 20 November 2017.
  9. ^ London & Regional Properties Ltd, Business Week. Retrieved 15 July 2011.
  10. ^ Lee, Isobel (24 February 2025). "Investor Profile: L+R looks to leverage its global platform for growth | Hospitality Investor". www.hospitalityinvestor.com. Retrieved 21 August 2025.
  11. ^ "Our Portfolio". L+R Hotels. Retrieved 21 August 2025.
  12. ^ "Bradshaw to become CEO at L+R Hotels". www.hotelinvestmenttoday.com. Retrieved 21 August 2025.
  13. ^ "L+R Hotels bulks up C-suite with Pettigrew appointment". HOTELSMag.com. Retrieved 21 August 2025.
  14. ^ Martin, Luke (30 June 2025). "L+R Hotels Streamlines Operations and Tech, Rethinks Loyalty". Skift. Retrieved 21 August 2025.
  15. ^ Portfolio Archived 2011-06-21 at the Wayback Machine, L&R website
  16. ^ "HFF Announces Recapitalisation for 48-Property Hotel Portfolio in the United Kingdom" (Press release). Business Wire. 6 November 2017.
  17. ^ "Destination Hotels". LR Hotels. Retrieved 13 August 2020.
  18. ^ "About BMI | BMI Healthcare UK". www.bmihealthcare.co.uk. Retrieved 21 November 2017.
  19. ^ Offers made on two-thirds of von Essen hotels, This is Bath, 5 September 2011. Retrieved 6 September 2011.
  20. ^ Harmer, Janet (30 January 2012). "Cliveden sale to complete tomorrow as new owners promise to return property's sparkle". Caterer & Hotelkeeper. Archived from the original on 2 February 2012. Retrieved 4 February 2012.
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