Amsprop is an investment firm owned by Lord Sugar (formerly Sir Alan Sugar), the entrepreneur, star of the BBC series The Apprentice, and Labour Peer. As with many of his other companies, the first three letters of Amsprop are Lord Sugar’s initials – Alan Michael Sugar, with prop being short for property.
Amsprop is Lord Sugar’s privately owned real estate vehicle. It is now controlled by his son Daniel Sugar, who has been employed at Amsprop for over 20 years. Lord Sugar founded Amsprop in 1985, since when it has steadily built up an impressive property portfolio of “ultra-prime Central London” and core City of London freehold properties.
Amsprop is a long term investor in the London real estate market. It frequently undertakes various aspects of construction, redevelopment and refurbishment opportunities in addition to investments that can be improved by their investment team through active management. It aims to continue expanding its property portfolio, and is always looking to source the next suitable acquisition.
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