MEPC plc
Encyclopedia
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.
in 1946 as the Metropolitan Estates & Property Corporation. Having started as a property investment business it diversified into the development of shopping malls in the 1970s. It adopted the shortened name of MEPC in 1973. In 1987 it acquired the Oldham Estate.
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. Since then the Royal Mail
Pension Fund has acquired a substantial shareholding.
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.
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
-based property investment and development business. It is headquartered in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
. It used to be listed on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
and was once a constituent of the FTSE 100 Index
FTSE 100 Index
The FTSE 100 Index, also called FTSE 100, FTSE, or, informally, the footsie , is a share index of the 100 most highly capitalised UK companies listed on the London Stock Exchange....
. It is however now owned by the British Telecom Pension Fund and the Royal Mail
Royal Mail
Royal Mail is the government-owned postal service in the United Kingdom. Royal Mail Holdings plc owns Royal Mail Group Limited, which in turn operates the brands Royal Mail and Parcelforce Worldwide...
Pension Fund.
History
The business was founded by Claude Moss LeighClaude Moss Leigh
Claude Moss Leigh was a pioneer of social housing in the United Kingdom and the founder of MEPC plc, one of the United Kingdom's largest property companies.-Career:...
in 1946 as the Metropolitan Estates & Property Corporation. Having started as a property investment business it diversified into the development of shopping malls in the 1970s. It adopted the shortened name of MEPC in 1973. In 1987 it acquired the Oldham Estate.
In 2000 the Company was acquired by Leconport Estates, a joint venture between the British Telecom Pension Fund and GE Capital
GE Capital
GE Capital is the financial services unit of General Electric, one of five major units. Its various divisions include GE Capital Aviation Services, GE Capital Real Estate, GE Energy Financial Services and GE Money....
. In 2003 GE Capital
GE Capital
GE Capital is the financial services unit of General Electric, one of five major units. Its various divisions include GE Capital Aviation Services, GE Capital Real Estate, GE Energy Financial Services and GE Money....
sold its investment to the British Telecom Pension Fund. Since then the Royal Mail
Royal Mail
Royal Mail is the government-owned postal service in the United Kingdom. Royal Mail Holdings plc owns Royal Mail Group Limited, which in turn operates the brands Royal Mail and Parcelforce Worldwide...
Pension Fund has acquired a substantial shareholding.
Operations
The Group now focuses its activities on operating eight business parks across the uk, with parks in the following locations: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.