Preh Limited (12059532): administration
- Status
- In administration
- Administration began
- 2026-05-01
- Administrators
- Richard Oddy, Jonathan Amor
- Administrators' firm
- Azets
- Formerly
- Preh PLC
- Incorporated
- 2019-06-19
- Location
- Manchester
- Industry
- 64209 Activities of other holding companies n.e.c.
Why it went into administration
- Sustained trading losses
From the administrators' statement
The Company was originally incorporated as PREH PLC in England and Wales on 19 June 2019. It was formed by Abogado Nominees Limited and Abogado Custodians Limited under instructions from the international law firm Baker McKenzie, which was advising Peninsula Real Estate Management Holdings Limited (‘PREMHL”), a company registered in the Isle of Man.
The Company was formed to serve as the listing vehicle for the proposed initial public offering CIPO”) and London Stock Exchange listing of an internally managed Gulf Cooperation Council “‘GCC”) focused Umbrella Partnership Real Estate Investment Trust. The intended business model was to acquire and manage a portfolio of real estate assets located primarily in the United Arab Emirates C‘UAE”) and Bahrain, with acquisitions funded through IPO proceeds. The structure also contemplated the acquisition of Peninsula PLC (“Peninsula”) for a physical presence in the region.
2.5
Administrators' statement of proposals (2026-06-23) · Companies House register