LMSL Group Ltd

Introduction.

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).

History.

Founded in 1998 by the current owners, Lahrie Mohammed and Shehara Lahrie, the group has undertaken significant growth to its current size. Starting with a single buy-to-let property, the management team have developed a deep understanding of the East of London market and consequently, devoted their investment strategy to this location.

After concentrating on small scale buy-to-lets in the emerging London market for the first few years, in 2001, the group undertook their first major residential development, a strategy that has become the norm ever since.

The LMSL Group is a well-established property development and investment company with strong experience through 20 years of operations in the East of London. The management team aim to grow the investment portfolio considerably over the mid to long term. Through the redevelopment of existing portfolio assets, anticipated market growth as well as a pipeline of newly identified potential investments, the portfolio is expected to grow from its current valuation of £220 million to over £500 million.

The past & the present.

Here are some of the recent projects The LMSL Group have been involved in.

Barking Magistrates Court

Barking Magistrates Court

Bishopsgate

Bishopsgate

Button Lodge

Button Lodge

Quayside House

Quayside House

High Road

High Road

Gloucester Road

Gloucester Road

Orchard House

Orchard House

Field Road

Field Road

Hessell Street

Hessell Street

Charter House

Charter House

New North House

New North House

Shannon Centre

Shannon Centre

Aldersbrook

Aldersbrook

New Wanstead

New Wanstead

Button Lodge

Button Lodge

Romford Road

Romford Road

Church Hill

Church Hill

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London regions

The portfolio is predominantly located within London’s eastern postcodes, focusing on areas such as Illford, Stratford and Walthamstow.

This was a conscious strategic decision that allows the group to utilise its now extensive experience investing in the area as well as leverage

the future growth prospects of London that are aligned to these areas as focus is moved away from the expensive centre and west of the

% Residential
% Commercial

Executive management team

Lahrie Mohamed
Lahrie Mohamed

A CIMA qualified accountant, Lahrie began his career at Galliard Homes. From there he went on to become financial controller of the Mayfair-based Stow Securities Plc, answering directly to the board, advising on the smooth operation and tax planning affairs of the business. It is from here, in 1998 that Lahrie then started his own property portfolio business that ultimately grew into LMSL, focusing on and learning the market in the East of London. Using this knowledge, he directs the Group’s strategy and operations; delivering new property deals and financing arrangements.

Shehara Lahrie
Shehara Lahrie

Shehara was exposed to the operations of a property portfolio from an early age through her family’s portfolio in Sri Lanka. Shehara has been a leading driver of the business’ strategy from its beginning, and currently lead the interior design development of all projects due to her skills in this area.

Ricky Levenston
Ricky Levenston

Ricky has amassed over 15 years of experience in the London Property Market, built through successful careers with large corporates. Throughout this time he amassed a wealth of contacts proving invaluable when establishing both business and financial introductions. During his career, he has developed a specialism within emerging markets which compliments LMSL’s strategy in the up and coming east of London.

Management team

Ian Cannons
Ian Cannons

A skilled Project Director with over 25 years experience of highly acclaimed executive level results year on year, and with a proven track record of excellence in consulting, management, and the service delivery of a wide array of portfolios.

Ian skill-set lie’s in his attention to detail and his responsibilities span a broad spectrum, covering all the areas; Project Planning, Cost Management, Time Management, Quality Management, Contract Administration, and Safety Management.

Waseem Ahmed
Waseem Ahmed

An experienced and adaptable operations and property specialist with a strong track record in lettings, construction and outsourced services with an outstanding background in the private residential lettings sector. He specialises in sourcing opportunities, identifying untapped added value, leading the letting process and managing the asset following project completion.

Joanne McGuinness
Joanne McGuinness

A Senior Office Manager with extensive knowledge and work experience gained within the Financial Services Industry. She has exceptional level of Customer Service Skills, and can interact with all levels of staff and customers competently and efficiently. Experienced in Mortgage & Secured Loans Underwriting & Processing, Credit Control, Team Leadership, Debt Management, Auditing, Risk Assessments, Reporting, Invoicing, Litigation Processing, and Assistant Underwriter of Bespoke Conveyancing Insurance.

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LMSL Group Ltd
113 Hoe Street
Walthamstow, E17 4RX
Tel: 020 8509 2150