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A Brief History of Stenprop

Stenprop is a listed property company

Stenprop is a UK REIT listed on the LSE and the JSE. The objective of the Company is to deliver sustainable growing income to its investors. Stenprop's investment policy is to invest in a diversified portfolio of UK multi-let industrial (MLI) properties with the strategic goal of becoming the leading MLI business in the UK.

  • 1995

    Paul Arenson joins the Stenham Group as part of an MBO with the remit to establish a real estate fund business

  • 2000

    Property passes £100m under management

  • 2007

    Funds under management exceed £2bn with over 2,000 private client investors


    Patsy Watson joins as Finance Director

  • 2009-2012

    Focus shifts to Central London offices acquiring seven buildings over the period

  • 2012 – 2016

    Stenham Property Merges its Berlin Residential FUND with listed company ADO Group Limited in return for a 28% stake


    Paul and Patsy join the board of ADO

  • 2014

    Stenprop takes control of a listed vehicle with a historic portfolio of £30m


    Stenham Property injects over £600m of assets into Stenprop and the Stenham Property management company is internalised with Paul becoming CEO and Patsy CFO

  • 2017

    Stenprop acquires the portfolio of 25 MLI Estates together with the C2 Capital management team and platform founded by Julian Carey

  • 2018

    Stenprop announces plans to transition into a UK focused MLI business, reduce overall leverage to below 40%, to list on the LSE and convert to a REIT


    Julian Carey joins the Board

  • 2018 (June)

    Stenprop lists on the specialist fund segment of the London Stock Exchange and converts to a REIT

Where does Stenprop see itself in 5 years time?