London & Edinburgh Trust

London & Edinburgh Trust PLC (‘LET’) was formed in 1971 and listed on the London Stock Exchange in 1983 with a market capitalisation of £27 million. LET grew into a leading international property development and investment company, with interests throughout the UK, continental Europe, the United States and South–East Asia. In 1990, LET was acquired by a Swedish pension and life assurance company, SPP Försäkringsbolaget, for £510 million as a platform for its global real estate asset management operation.