LMSL is a property and investment group specialising in opportunities located in East London. Over its 20 years of trade, the business has gone from strength to strength, driven by a detailed understanding of the markets in which it operates.
The group looks to identify development opportunities that will offer at least a 1.5x unlevered return on cost by utilising their in house construction team to facilitate fast execution.
The group has been driven by a highly experienced management team; the owners, Lahrie Mohamed & Shehara Lahrie (Chairman and CEO respectively) are joined by Ricky Levenston as Managing Director. Together, they have over 60 years combined experience in the company and investing in the emerging East London property market.
LMSL targets investment opportunities that are expected to provide a 1.5x unlevered return on cost. Using the in house construction team to facilitate fast execution, the primary strategy involves the purchase and redevelopment of properties for rental.
The group prides itself on offering a quality, bespoke service to clients. Through the offering of a full spectrum of property services under one roof, LMSL has developed a reputation for understanding the needs of its clients and providing a bespoke service to suit. This one-stop service has helped the group develop an important trust with clients, past and present that allows them to enjoy an occupancy rate of 99.9%.
The owners and wider management team have ambitions to continue to grow the portfolio further in the coming years with boosts expected from newer developments positioned to take advantage of major infrastructure projects that are nearing completion (such as Crossrail).