Marcus Cooper (property developer)

{{short description|British property developer|bot=PearBOT 5}}

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{{Infobox person

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| name = Marcus Cooper

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| birth_name = Marcus Simon Cooper

| birth_date = c. 1966

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| nationality = British

| education = Haberdashers' Aske's Boys' School

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| occupation = Property developer

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| website = http://www.marcuscooper.com

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File:Cambridge Terrace Geograph-2791908-by-Colin-Smith.jpg

File:1-21 Cornwall Terrace2.jpg

Marcus Simon Cooper (born c. 1966) is a British property developer, known for buying and selling several of London's most expensive private houses, including Witanhurst, London's second largest private residence after Buckingham Palace. His companies own over 1000 rental properties, and are undertaking projects that are estimated to have a total end value of £1.5 billion.

Early life

Marcus Simon Cooper was born around 1966. He was educated at Haberdashers' Aske's Boys' School

Career

In 1991, he founded the Marcus Cooper Group,{{cite web|title=Marcus Cooper – Who We Are|url=http://www.marcuscooper.com/about-us/|website=Marcus Cooper Group|accessdate=16 August 2015|archive-date=29 October 2015|archive-url=https://web.archive.org/web/20151029152030/http://marcuscooper.com/about-us/|url-status=live}} a property developing, trading and investment company.{{cite web|title=Marcus Cooper – What We Do|url=http://www.marcuscooper.com/about-us/what.php|website=Marcus Cooper Group|accessdate=16 August 2015|archive-date=9 May 2019|archive-url=https://web.archive.org/web/20190509084942/http://www.marcuscooper.com/about-us/what.php|url-status=live}} He also runs West End Investments Limited, set up in 2013,{{cite web|title=West End Investments Limited|url=https://beta.companieshouse.gov.uk/company/08513614|website=Companies House|accessdate=20 September 2015|archive-date=4 March 2016|archive-url=https://web.archive.org/web/20160304090947/https://beta.companieshouse.gov.uk/company/08513614|url-status=live}} from offices at 16 Finchley Road, London NW8.

In 2007 Cooper bought Witanhurst in Highgate, London's second largest private residence after Buckingham Palace, for £30 million, and sold it 2008 for £50 million.{{cite news|last1=Bill|first1=Peter|title=Wapping plan shows Cooper is no mini|url=https://www.standard.co.uk/business/markets/wapping-plan-shows-cooper-is-no-mini-7312366.html|accessdate=16 August 2015|work=London Evening Standard|date=27 January 2012|archive-date=1 May 2019|archive-url=https://web.archive.org/web/20190501232923/https://www.standard.co.uk/business/markets/wapping-plan-shows-cooper-is-no-mini-7312366.html|url-status=live}}

In 2012, the London Evening Standard reported that Cooper's companies owned over 1000 rental properties and "are involved in 50 development projects with an end value of £1.5 billion."

In 2013, Cooper bought the UK's "most expensive terraced house", 1 Cornwall Terrace, for £80 million.{{cite news|last1=Brennan|first1=Morgan|title=U.K.'s Most Expensive Terraced House Fetches $120 Million From Property Mogul|url=https://www.forbes.com/sites/morganbrennan/2013/03/12/u-k-s-most-expensive-terraced-house-fetches-120-million-from-property-mogul/|accessdate=16 August 2015|work=Forbes|date=12 March 2013|archive-date=23 August 2015|archive-url=https://web.archive.org/web/20150823233935/http://www.forbes.com/sites/morganbrennan/2013/03/12/u-k-s-most-expensive-terraced-house-fetches-120-million-from-property-mogul/|url-status=live}}

In 2013, Cooper obtained a 150-year lease on five properties at 6–10 Cambridge Terrace and 1–2 Chester Gate, close to Regent's Park, in order to have them combined to create a £200 million seven-storey "supermansion", with 15 bedrooms and 35 bathrooms.{{cite news|last1=Haslett|first1=Emma|title=Why London's new 'supermansion' could be its last|url=http://www.managementtoday.co.uk/news/1186419/why-londons-new-supermansion-its-last/|accessdate=16 August 2015|work=Management Today|date=17 June 2013|archive-date=1 October 2015|archive-url=https://web.archive.org/web/20151001170910/http://www.managementtoday.co.uk/news/1186419/why-londons-new-supermansion-its-last/|url-status=live}} In October 2014, The Guardian reported that fellow property developer Christian Candy had bought the "seven Grade I-listed John Nash townhouses" from Cooper for about £100 million, using a British Virgin Islands company.{{cite news|last1=Neate|first1=Rupert|title=Candy brothers: 'One day they were likely lads, then they were everywhere'|url=https://www.theguardian.com/business/2014/oct/20/candy-brothers-nick-christian-property-tycoons-brand-opulence|accessdate=16 August 2015|work=The Guardian|date=20 October 2014|archive-date=22 August 2015|archive-url=https://web.archive.org/web/20150822105334/http://www.theguardian.com/business/2014/oct/20/candy-brothers-nick-christian-property-tycoons-brand-opulence|url-status=live}}

In July 2013, Cooper's West End Investments bought The Star, St John’s Wood from the pub company Punch Taverns for £2.1 million, and attempted to get planning permission to turn it into a luxury house. This was unsuccessful and it is now an estate agent.{{cite news|title=Unhappy hour: Backlash as two historic London inns are sold for £3.7million to become homes|url=https://www.standard.co.uk/news/london/unhappy-hour-backlash-as-two-historic-london-inns-are-sold-for-37million-to-become-homes-8994916.html|accessdate=16 August 2015|work=London Evening Standard|date=10 December 2013|archive-date=24 September 2015|archive-url=https://web.archive.org/web/20150924164900/http://www.standard.co.uk/news/london/unhappy-hour-backlash-as-two-historic-london-inns-are-sold-for-37million-to-become-homes-8994916.html|url-status=live}}{{cite news|last1=Blunden|first1=Mark|title=St John's Wood pub The Star becomes estate agency despite protection order|url=https://www.standard.co.uk/news/london/st-john-s-wood-pub-the-star-becomes-estate-agency-despite-protection-order-10172440.html|accessdate=16 August 2015|work=London Evening Standard|date=13 April 2015|archive-date=24 September 2015|archive-url=https://web.archive.org/web/20150924163803/http://www.standard.co.uk/news/london/st-john-s-wood-pub-the-star-becomes-estate-agency-despite-protection-order-10172440.html|url-status=live}}

Political donations

In May 2013, Cooper donated £100,000 to the British Conservative Party, in addition to £65,000 previously donated by Cooper and his company.{{cite news|title=New Homes, Yes – But Not For The Likes Of Us|url=http://www.morningstaronline.co.uk/a-beb4-New-homes,-yes-but-not-for-the-likes-of-us#.VdCaspe6J_E|accessdate=16 August 2015|work=The Morning Star|date=3 October 2014|archive-date=10 May 2017|archive-url=https://web.archive.org/web/20170510093015/http://www.morningstaronline.co.uk/a-beb4-New-homes,-yes-but-not-for-the-likes-of-us#.VdCaspe6J_E|url-status=live}}

References