Leo Noe

Leo Noé
Portrait of Leo Noe
Born	1953
Nationality	British
Occupation	Real Estate
Known for	Philanthropy
Notable work	Established Lee Baron Commercial Limited, property consultants

Leo Noé (born 1953) is a British real estate (property) investor and multimillionaire. According to news reports his worth is at least £500m and was ranked 245th in the 2017 Sunday Times rich list. He is also 64th in the 2017 Sunday Times Giving List, the annual ranking of the UK's most generous millionaires.

Leo Noé is Non-Executive Chairman of BMO Real Estate Partners. He joined the Board on completion of the F&C/REIT merger in September 2008, having previously been founder and Chairman of REIT Asset Management where he was responsible for overall strategy and client liaison.

In March 2017, Noé and Ivor Smith sold their aggregate 30% interest in BMO REP to F&C Asset Management plc (part of BMO Global Asset Management and an existing 70% Partner). With effect from August 2017, the UK Value Add assets that include contracts for the management of Noé family trust assets will return to Noé and his family. The Noé family trust assets in Germany will remain under the management of BMO REP in Munich.

Noé established Lee Baron Commercial Limited, a firm of property consultants with a wide range of clients, where he still holds the position of non-executive director, and was chief executive of Bourne End Properties PLC between 1989 and 1997, a listed property investment company where his family trusts were the main shareholders.

Noe's British-Israel company, F&C REIT, is now the largest owner of shopping malls in Israel with a €1.5bn (£1.2bn) portfolio. REIT Israel Group (formerly Azorim Properties) owns a $20 million 11,000 square-meter shopping center at the entrance to Nahariya. Noe was the lead buyer in an attempted takeover of Shufersal, buying Nochi Dankner's majority stake in the business. The merging of Reit’s £3.45bn portfolio with F&C’s £5.2bn property arm has diversified Noe's business away from family trusts and private cash to more institutional sources of equity. His companies operate in India, South America and Africa, and Europe.

Primarily through the Rachel Charitable Trust, Leo Noé is a noted philanthropist and benefactor to various charities in the UK and Israel and is a trustee and patron to a number of leading education and welfare institutions. Leo was a member of the Holocaust Commission, the Commission on Jewish Schools and Chairman of the SSIG. He is an active participant in education strategy and planning projects, with a particular and keen interest in Special Needs Education in both the UK and Israel. Leo was instrumental in securing SEN as a specialism under the schools funding programme and has committed his time and energy to SEN within the Jewish Community and to over 50 SEN schools outside of the Jewish Community.