Who owns the City of London? Revealed: The definitive list of the Square Mile's largest landowners

Emma Haslett
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The Corporation of London is the Square Mile's largest landowner (Source: Getty)

A FTSE 100 landlord, a French bank and a Middle Eastern country are among the biggest owners of property in the City of London, according to new data seen exclusively by City A.M..

However, the data, by proptech firm Datscha using figures from the Land Registry, shows the Corporation of London owns more land than anyone else in the City, with just under 13m sq ft of property. Notable holdings including the Guildhall, the Monument and Mansion House, as well as Tower, London, Southwark, Millennium and Blackfriars bridges.

The Corporation of London's holding has been accrued gradually, over centuries, as it helped the Crown to fund wars in exchange for property.

Following the City of London in the rankings is British Land, with 2.7m sq ft of space - although at the beginning of the month it emerged the company will reduce its space in the City significantly, with plans to flog its 50 per cent stake it owns in the 908,700 sq ft Cheesegrater for £1.15bn to CC Land.

Transport operators Transport for London and Network Rail take third and fourth places in the list, each with around 2.6m sq ft of space.

Foreign governments also make up two of the top 20, with Norway in 18th position, with 556,000 sq ft of property, and the government of Kuwait at number seven, with just over 1m sq ft. It's worth pointing out that although Kuwait bought City Airport alongside a consortium of buyers back in 2016, the airport isn't technically in the City.

Earlier this month figures from Datscha showed Canary Wharf Group, joint-owned by Qatari Diar and Brookfield, is London's largest landowner, with 21.5m sq ft of property, while the City came second, with 17.4m sq ft of space.

The Square Mile's top 100 landowners

Company Area (sq ft)
1 Corporation of London 13,976,216
2 British Land 2,678,215
3 Transport for London 2,641,611
4 Network Rail 2,586,709
5 The Goldsmiths' Company 1,737,638
6 BNP Paribas 1,293,716
7 Government of Kuwait 1,070,638
8 Pavilion Trustees 948,819
9 The Mercers' Company 886,990
10 Throgmorton Assets 873,658
11 BNP Paribas Jersey Trust 853,430
12 Raphael Freshwater Memorial Association 767,186
13 Fleet Street Investments III 752,327
14 TS Propco 740,268
15 Trustees of the City of London 676,014
17 CG Cutlers Gardens 576,729
18 Norway 555,788
19 Legal and General Group 538,341
20 Watermark Place Oxford One Investment 513,112
21 The Haberdashers Operating Company 504,530
22 Church Commissioners for England 503,081
23 Tower Properties 483,359
24 Land Securities 476,233
26 RREEF Investment 448,513
27 Wessex Winchester Propco 432,166
28 Vanquish Properties 420,021
29 JP Morgan Chase 401,759
31 Tower Nominees 386,381
32 Baroque Investments 382,852
33 Leadenhall Property 380,656
34 Whitefriars 378,428
35 Trust for London Trustees 371,131
36 BT Group 366,120
37 Royal London 359,261
38 Bevis Marks 335,080
39 99 Bishopsgate Real Estate 327,804
40 One Lime Street Company 324,735
41 Deka Immobilien Investment 323,523
42 Octopus Capital 319,281
43 125 Obs 318,765
44 Havisham 307,195
45 Aroland Holdings 302,618
46 Gracechurch Investment 300,235
47 Clothworkers Company 268,883
48 CSHV 60 London Wall 255,832
49 Axa 255,046
50 Geno Lion Plaza 254,099
51 Holborn Investment Holdings 249,853
52 Universities Superannuation Scheme 239,502
53 Glasgow City Council 236,851
54 Lloyd's Register Foundation 236,597
55 Manacor (Jersey) 233,162
56 The London Diocesian Fund 223,842
57 Bath House 222,997
58 Holdmile 221,063
59 The Carpenters' Company 220,082
60 Mitsubishi Estate Company 217,095
61 One Finsbury Circus 216,862
62 State Street 214,726
63 Libyan Arab Foreign Investment Company 213,932
64 Thames Court Trustee Holding 210,519
65 Stephenson House 206,754
66 Trimantle Trustee 201,912
67 BT Pension Scheme 200,968
68 The Drapers' Company 198,121
69 Portsoken Investments 194,333
70 GC Trustee 194,219
71 Ever Dragon Properties 193,489
72 The Vintners' Company 186,331
73 Obayashi Corporation 183,691
74 33 Old Broad Street Ltd 183,233
75 Rapco 182,697
76 Ibex London 180,869
77 Badger Property Partners 180,032
78 HV Freehold 175,241
79 Desmarais Family Residuary Trust 173,031
80 United Kingdom 170,034
81 Vivas Invest and Finance 168,557
82 British Railways Board 163,780
83 55 Mark Lane 162,909
84 Queen V Property 161,635
85 Fleetway house 159,191
86 CMSREUK Tower Hill Propco 158,905
87 Reignwood International Holdings 158,067
88 Bow Bells House 157,769
89 Universal Export and Finance Limited 157,527
90 People's Republic of China 153,323
91 Citigroup 153,322
92 The Leathersellers' Company 149,894
93 Barclays 149,388
94 Ashton Global Investments 143,673
95 Structadene 143,316
96 Ascot Real Estate Investments 142,646
97 Third New Court 138,735
98 Pembroke Lothbury 136,473
99 Pegasi 136,416
100 Wood Grafton One 134,789

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