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Cyril Leonard is one of London's longest-established property firms[1] and has grown from a small family concern at formation in 1934 to an international consultancy handling all forms of commercial property with a reach across the United Kingdom, Europe, and the United States.
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| Company type | Private |
|---|---|
| Industry | Real Estate |
| Founded | 1934 in London, England |
| Founders | Cyril and Leonard Blausten |
| Headquarters | Mayfair, , |
Area served | UK, Europe, and the US |
| Owners | Simon Blausten, Andrew Hogge, Mark Harrison, Oliver Spero, Simon Rooke & Jonathan Slater |
| Website | www |
History
editThe firm was founded by the brothers Cyril and Leonard Blausten as surveyors in 1934 at the Angel in north London. Then with one month’s free rent courtesy of their father and an Olympia typewriter as working capital, the business began and has continued ever since.[citation needed]
Within ten years, they opened a second office at 52 Brook Street in the West End of London during the Second World War, giving the two brothers an opportunity to begin their careers in development. It was in these early post-war years that Cyril Blausten formed friendships with other people involved with London property: Harold Samuel, Maxwell Joseph, Max Rayne, Jack Salmon and Jack Cotton.[2]
In the period between 1959 and 1961, over 25 property companies came to the London Stock Market.[citation needed] For the Blausten brothers, their first public vehicle was Simo Securities Trust, formerly an Indonesian Rubber Company shell. From then on a string of development projects in London, Guildford, Manchester, and other areas were completed as the company became part of the effort to regenerate Britain.
By 1970, Simo had grown to include, by acquisition, a merchant bank and a Lloyds Underwriting Agency. Just as Simo was turning into a property-based financial conglomerate the company succumbed to a hostile takeover bid from Town and Commercial Properties.[citation needed]
The physical devastation in post-war Britain's major cities had presented a financial problem for the governments of Winston Churchill and Clement Attlee. However, the period was a good opportunity for young entrepreneurs to take the lead, and so they did in an unprecedented way in Europe. Many, either refugees or sons of refugees, found freedom and sanctuary from persecution in the UK and began a development drive that lasted through to 1974 as the country was rebuilt.[citation needed]
In addition to commercial and corporate activity, Cyril Blausten formed a business relationship with George Wimpey and through Winglaw Properties together developed and regenerated 8 acres (32,000 m2) of land on the Ilchester Estate in Abbotsbury Road and St Mary Abbots Terrace on Kensington High Street.[citation needed]
Cyril Blausten himself found time to devote to the Jewish Board of Guardians, now Jewish Care, becoming Hon Secretary, Vice Chairman and Vice President. As Chairman of the Property Committee, he helped oversee one of the largest residential care home development programmes after the war.[3]
From the mid-1970s, Cyril Blausten concentrated on his private property investment companies, his financial investments and Cyril Leonard from which he retired as Senior Partner in 1996, remaining as a Consultant until 2000. Cyril Blausten died in December 2006.[2] Douglas and Simon, two of his four sons are still senior partners within the firm.[citation needed][when?]
Cyril Leonard today
editThe firm operates from offices in Mayfair, London where it works with a variety of clients in the UK and in Munich, from where most of its European clients are managed. Clients include ALSTOM, AEA Technology, Abbott Laboratories, and Royal London, and services range from investment and asset management to building and corporate consultancy, development funding and leasing.[citation needed]
Directors
editCyril Leonard Ltd's Directors are Simon Blausten, Andrew Hogge, Mark Harrison, Oliver Spero, Simon Rooke and Jonathan Slater.[citation needed]
References
edit- ^ Editor (14 November 2014). "Morning After: Cyril Leonard's 80th birthday". Property Week. Retrieved 25 June 2024.
{{cite web}}:|last=has generic name (help) - ^ a b "Cyril Blausten – Obituary". The Times. UK.[dead link]
- ^ Ham and High, 25 January 2007