The Local Shopping REIT

The Local Shopping REIT plc was founded in January 2005 with the objective of building a portfolio of properties and letting units in the convenience shopping market. LSR was floated on the London Stock Exchange in May 2007. In the latter part of that year the Company adjusted its property purchasing programme in response to the downturn in the UK property market, focussing activities on active asset management. From 2009 the Company developed its asset management proposition and established a number of joint ventures to complement its wholly-owned portfolio. In July 2013, following a strategic review, the Company's shareholders resolved to change the Company's investment policy to enable the orderly liquidation of assets, the repayment of debt and the return of the remaining capital to Shareholders and the Board appointed INTERNOS Global Investors Limited to manage this process.
Type
Public
HQ
London, GB
The Local Shopping REIT is headquartered in London, GB

The Local Shopping REIT Office Locations

The Local Shopping REIT has office in London
London, GB

The Local Shopping REIT Metrics

The Local Shopping REIT Summary

Market capitalization

£23.6 M

Closing share price

£0.286
The Local Shopping REIT's current market capitalization is £23.6 M.

The Local Shopping REIT Financials

The Local Shopping REIT's revenue is £7.66 M in FY, 2015 which is 44.67% decrease from the previous period.
FY, 2015FY, 2014FY, 2013

Revenue

£7.66 M£13.9 M£14.6 M

Revenue growth, %

-44.7%-5.4%

Cost of sales

£1.96 M£3.87 M£2.58 M

Gross profit

£5.7 M£9.99 M£12.1 M

Gross profit Margin, %

74.4%72.1%82.4%

Operating expense total

£3.34 M£3.48 M£13.3 M

The Local Shopping REIT Market Value History

The Local Shopping REIT Company Life

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