| Type | Public |
|---|---|
| Industry | Property |
| Founded | 1946 |
| Headquarters | London, UK |
| Key people | Rupert Clarke, Chairman Rick de Blaby, CEO |
| Products | Business Parks |
| Website | www.mepc.com |
MEPC plc is a leading British-based property investment and development business. It is headquartered in London. It used to be listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. It is however now owned by the British Telecom Pension Fund and the Royal Mail Pension Fund.
Contents |
The business was founded by Claude Moss Leigh in 1946 as the Metropolitan Estates & Property Corporation.[1] Having started as a property investment business it diversified into the development of shopping malls in the 1970s.[2] It adopted the shortened name of MEPC in 1973. In 1987 it acquired the Oldham Estate.[3]
In 2000 the Company was acquired by Leconport Estates, a joint venture between the British Telecom Pension Fund and GE Capital. In 2003 GE Capital sold its investment to the British Telecom Pension Fund.[4] Since then the Royal Mail Pension Fund has acquired a substantial shareholding.[5]
The Group now focuses its activities on operating eight business parks across the uk, with parks in the following locations:[6]
Birchwood Park - A 123 acre mixed use business park located near Warrington in the North West of the UK.
Milton Park - A business and science park located just outside Oxford near the village of Abingdon.
Granta Park - A science, technology and biopharmaceutical park located to south of Cambridge near Abington.
Chineham Park - A 95 acre mixed use business park in Basingstoke, Hampshire.
Hillinton Park - One of Scotlands largest industrial estate and business parks, located in Glasgow.
Wellington Place - A business park located in the city centre of Leeds.
Leavesden Park - A business park located close to the famous leavesden film studios on the outskirts of Watford.
Callaghan Square - A business park located in the centre of Cardiff, Wales.