Naomi Heaton
British businesswoman
About Naomi Heaton
Naomi Heaton in 2016Naomi Heaton (married name Waxman; née Jarrett) is Executive Chair and owner of UK real estate investment advisory LCP Private office (formerly known as London Central Portfolio Limited.and associated companies, LCP Corp, LCP Capital Investments, LCP HQ and LCP Hospitality Holdings. Dubbed "property queen" by the London Evening Standard, Naomi set up one of the first buying agents in the UK which she continued to develop to provide a full service offering including investment advisory, property search, renovation, interior design, letting and management, covering the residential and hospitality sectors.
Early career Naomi Heaton joined advertising agency Leo Burnett after graduating from Oxford University in 1977 with an MA(Hons) in Human Sciences.
Founding London Central Portfolio and the LCP group of companies Naomi bought her first property—a garden flat in Camden Town—at age 26 and began buying, renovating and selling property on for profit as a hobby and recognising a gap in the market for assisting investors like herself in the London real estate market, she established London Central Portfolio (LCP) in 1989 to provide a full asset management service including property finding, refurbishment and lettings. and 2019 and a number of listed property funds.
Establishing The Portfolio Club and The Other House Residents Club Naomi established LCP Hospitality Holdings in 2019 to enter a joint venture with APG, the largest pension provider in the Netherlands with €587 billion in assets under management (May 2021). APG was an active investor in the hotel sector at the time and had invested in the citizenM hotels and a number of leading European hotels.
The resulting joint venture partnership, The Portfolio Club (TPC), subsequently renamed The Other House Opco Holdings developed a lifestyle brand known as The Other House. This combined apartment style living with hotel services, a local hub with a cocktail bar, The Owl and Monkey and bistro The Other Kitchen and an exclusive members club, The Club at the Other House, establishing a new sector of ‘Residents Clubs’. This offered flexible stay accommodation from a night to a year providing a sense of community and experiences to remember, disrupting the conventional hotel model.
The Other House acquired three assets. The first acquisition in December 2019 was a hotel known as Harrington Hall in South Kensington. The second acquisition in October 2020 was The Wellington Block in Covent Garden, acquired from Capco Holdings for £76.5m. The third acquisition was the old Belgravia Police station in Belgravia, which received planning consent in March 2026 to redevelop it into a third hotel.
The Other House showcased the best in British design, utilising green technologies, focussing on sustainability and positive social and environmental impact. It has revolutionized the hospitality market with its flexible stay model and maximalist interiors . The Other House was awarded Lifestyle Business of the Year 2025 at the London Lifestyle Awards.
The Other House has been acquired by One IM for £335m who will adopt a new positioning and strategy. As there was no strategic brand alignment, this led Naomi to leave the company she founded. She has taken on the role of Executive Chair at LCP Private Office where she will pursue other projects in the design, private members’ club and hospitality arena, given the extensive experience and accolades she has received during LCP’s ownership and her tenure at The Other House.
Other activities Naomi is considered a property investment expert and has appeared on international media including BBC Radio 4's Today Programme, BBC Radio 5 Live, Sky News and Reuters. In 2017 she was named as one of London's top 50 CEOs by Citywealth, as London's top buying agent by Spear's, and as one of Debrett's people of today. and since the launch of The Other House, hospitality conferences including Hotel Designs Live, the Hospitality Leadership Design Conference, the Independent Hotel Show and Mews Unfold. She has also been interviewed on numerous podcasts including Desert Island Deals, Propertyshe, Giant Leap, What we think, Sustainable Hotels and Hospitality Design.
Naomi lives in London with her husband Professor Jonathan Waxman OBE, professor emeritus of oncology at Imperial College and founder and lifetime president of Prostate Cancer UK. has been featured in the London Evening Standard,
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Who was Naomi Heaton?
British businesswoman
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APA: Biography.guide. (2026). Naomi Heaton. https://biography.guide/naomi-heaton/
MLA: "Naomi Heaton." Biography.guide, https://biography.guide/naomi-heaton/.
Chicago: "Naomi Heaton." Biography.guide. https://biography.guide/naomi-heaton/.
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