GROUP HISTORY & CORPORATE TIMELINE
The Group Companies that form MWB Group Holdings Plc were established in 1994 by the existing Executive Team. The Group obtained a public listing by its reversal into the listed Ex-Lands Properties Plc in June 1997.
Since then, the Group has operated and managed many high profile property developments and corporate joint ventures. It is now focused on its two core operating businesses of Malmaison & Hotel du Vin and MWB Business Exchange Plc.
The Group's speciality is the creation of a range of property and property related activities, whilst at the same time enhancing earnings through service delivery and management capability, to produce enhanced rates of return for its shareholders.
2011
MWB Group Holdings Plc now comprises:
- MWB Business Exchange Plc - 66 serviced offices and nearly 20,000 workstations
- Malmaison and Hotel du Vin - 26 boutique hotels and restaurants
- 5 sale and leasebacks
- 2 new Bistro Du Vin
2010
Disposal:
- Liberty Plc - retail operations and property
2009
2008
MWB Group Holdings Plc established as new holding company through a “Scheme of Arrangement”
Acquisitions:
- Malmaison, Aberdeen - joins Malmaison group
2007
Disposal:
- Old Bailey, London - commercial development
2006
Acquisitions:
- Malmaison Reading and Hotel du Vins, Cambridge, Cheltenham, Newcastle, Glasgow, Poole, Edinburgh and York – join Malmaison group
Disposals:
- Park Lane, London – Marriott branded 5 star hotel and residential units
- West India Quay, London – Marriott branded 5 star hotel and residential units
2005
MWB Business Exchange Plc floated on AIM
Acquisitions:
- Malmaisons, Liverpool and Oxford – join Malmaison group
Disposals:
- Argyle Street, Glasgow – Radisson branded 5 star hotel
- Howard Hotel, London – Swissôtel branded 5 star hotel
- Lasenby and Regent House, London – from Liberty property portfolio
- Non-core serviced offices
2004
Acquisitions:
- Further 12 serviced offices
- Hotel du Vin group - 7 boutique hotels join Malmaison group
Disposal:
- Marble Arch Tower, London - from commercial portfolio
2003
Disposals:
- Further part disposal of commercial portfolio
- Non-core serviced offices
- MWB Leisure Funds I, IIA & IIB
2002
Shareholder approval of realisation of all Group assets and cash distribution programme, now rolled out to 31 December 2016
Disposals:
- Part disposal of commercial portfolio
- Royal Victoria Docks, London – Accor branded hotel and residential units
2001
2000
Development acquisitions and projects:
- MWB Leisure Funds I, IIA & IIB – UK leisure parks
- West India Quay, London – mixed use residential and 5 star hotel
- Park Lane, London – mixed use residential and 5 star hotel
- Pall Mall, London – 5 star hotel
- Old Bailey, London – commercial
- Argyle Street, Glasgow – 5 star hotel
- Royal Victoria Docks, London – mixed use residential and 4 star hotel
- Howard Hotel, London – 5 star hotel
- Charterhouse Square, London – now Malmaison Charterhouse Square
Serviced office expansion:
- 15 further centres - now UK's 2nd largest serviced office provider
Other acquisitions:
- Commercial property portfolio
- Liberty Plc group - 68% stake - retail & property
1997
MWB Group listed on London Stock Exchange as Marylebone Warwick Balfour Group Plc
Original property portfolio:
- Serviced offices (now MWB Business Exchange Plc)
- Other commercial
- Residential
