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MEPC plc
Type Public
Founded 1946
Headquarters London, UK
Key people Rupert Clarke, Chairman
Rick de Blaby, CEO
Industry Property
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

History

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 1970's.[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]

Operations

The Group now focuses its activities on operating business parks.[6]

References

External links


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