Nick Leslau

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Nick Leslau
Born18 August 1959 (1959-08-18) (age 64)[1]
Cricklewood, London, England
EducationMill Hill School
OccupationInvestor
EmployerPrestbury Investment Holdings
Known forCommercial property investment
SpouseMaxine Leslau
Children3

Nick Leslau, born 18 August 1959 (1959-08-18), is an English

Travelodge hotels in the UK.[6]

Early life

The son of a

jeweller and part-time art historian, his parents divorced when he was nine. His mother subsequently worked full-time so that Leslau could be educated at a preparatory school in Hampstead, and at Mill Hill School.[7] Leslau left the University of Warwick where he was studying German,[8] to study quantity surveying
.

Career

After meeting Sam Rosen, Leslau joined the

South Bank University, and became a Royal Institution of Chartered Surveyors (RICS) qualified and registered chartered surveyor with Burford. At age 23, he became CEO of Burford Estate & Property.[9]

Wanting to move further into property, Leslau contacted Nigel Wray to engineer a

SegaWorld as an anchor tenant meant the company went through some difficult times.[11]

Prestbury

In 1997, Leslau and Wray set up their own small property company Maybeat Limited, which they merged into one of Michael Edelson's Alternative Investment Market listed shell companies called Prestbury Group plc.

The board consisted of Leslau, Wray,

Singer & Friedlander
), and Edelson. Over the next two years, it produced a return of 150% on net asset value, and Leslau grew its total value to several hundreds of millions of pounds before taking it private in 2004.

In February 2001, Leslau set up private company, Prestbury Investments, which he used as the vehicle to take Prestbury Group plc private in 2004. Leslau is now chairman and chief executive of PIHL, with the company presently owning a property portfolio estimated to be worth in excess of £4 billion, including four of the UK's largest entertainment complexes run by Merlin Entertainments (Alton Towers, Thorpe Park, Warwick Castle, and Madame Tussauds).[10][11][12]

In 2011, Leslau bought the London marina

Blackstone Group for nearly £450 million.[9]

Knutsford plc

In 1999, Leslau set up an investment vehicle, Edenhawk, together with Wray,

dot com boom in the UK.[13]

Political activity

Leslau has donated to the Conservative Party, and was a signatory to a letter to The Daily Telegraph during the 2015 United Kingdom general election campaign; which praised the party's economic policies, and claimed that a Labour government under Ed Miliband would "threaten jobs and deter investment".[14][15]

Leslau pledged to end donations to the Conservatives due to the government's ban on evictions during the COVID-19 pandemic, stating that: "I think the flippancy with which the property industry has been treated has been narrow-minded".[16]

Personal life

Leslau and his wife Maxine have been married for approximately 30 years, and have three sons.[4] They live in a £30 million property in Mayfair, London, own the 40-metre Mediterranean-based yacht Mimi La Sardine, and also own a private aircraft Hawker 850XP. Leslau owns one of W. G. Grace's cricket bats as part of his extensive sports memorabilia collection, and was a part owner of Saracens F.C. rugby union club.[11] In 2019, he stepped down from the board of Saracens after 21 years as board director.[17]

In early 2008, Leslau took part in the

Secret Millionaire, giving away £225,000 in a ten-day visit to Possilpark, Glasgow.[18][19]

Leslau is Jewish.[20]

References

  1. ^ "Researcha". Researcha.com. Retrieved 29 January 2018.[permanent dead link]
  2. Sunday Times. 27 April 2008. Archived from the original
    on 12 June 2011. Retrieved 26 August 2008.
  3. ^ "Prestbury Investments LLP - Secure Income Reit". SecureIncomeReit.co.uk. Secure Income Reit. Retrieved 29 January 2018.
  4. ^ a b Barrett, Claer (25 September 2015). "My money — Nick Leslau, property investor". www.FT.com. Financial Times. Retrieved 29 January 2018.
  5. Daily Telegraph
    . 17 July 2007. Retrieved 29 January 2018.
  6. ^ "REIT buys portfolio of 55 budget Travelodge hotels". www.HotelManagement.net. Hotel Management. 8 September 2016.
  7. Sunday Times
    . 13 November 2006. Retrieved 26 August 2008.
  8. ^ "Interview with Nick Leslau". www.Mishcon.com. Mischon. Summer 2008. Retrieved 26 August 2008.[permanent dead link]
  9. ^
    City AM. Archived from the original
    on 25 October 2017. Retrieved 29 January 2018.
  10. ^ a b c Kemp, Kenny (10 February 2002). "How the Westway was won by tycoon". FindArticles.com. Sunday Herald. Retrieved 26 August 2008.
  11. ^
    Daily Telegraph. 19 August 2008. Archived from the original
    on 21 April 2013. Retrieved 26 August 2008.
  12. ^ "Merlin sells Alton Towers in £622m deal". News.Independent.co.uk. London: The Independent. Archived from the original on 30 September 2007. Retrieved 30 July 2007.
  13. Management Today. 3 September 2007. Archived from the original
    on 9 October 2007. Retrieved 26 August 2008.
  14. ^ Dominiczak, Peter (1 April 2015). "100 business chiefs: Labour threatens Britain's recovery". www.Telegraph.co.uk. The Telegraph. Retrieved 12 June 2021.
  15. ^ "The Tory 100: captains of industry, party donors (and a few tax avoiders)". The Guardian. 1 April 2015. Retrieved 12 June 2021.
  16. ^ Clarence-Smith, Louisa; Walsh, Dominic (28 November 2020). "Tories lose donors over eviction ban". www.TheTimes.co.uk. The Times. Retrieved 12 June 2021.
  17. ^ "Club statement: Leslau steps down from Saracens board". www.Saracens.com. Saracens. 26 October 2019. Retrieved 7 August 2020.
  18. ^ "The Secret Millionaire from Channel 4.com - Nick Leslau". www.Channel4.com. Channel 4. Archived from the original on 25 August 2008. Retrieved 26 August 2008.
  19. ^ Adams, Lisa (14 August 2008). "Exclusive: The property tycoon who gave away £225K to Possil's poorest after undercover mission". www.DailyRecord.co.uk. Daily Record – Scottish Daily Record and Sunday Mail Ltd. Retrieved 25 December 2021.
  20. ^ "Striving to rediscover hunger will make successful start-ups - The Jewish Chronicle". Archived from the original on 27 January 2018.
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