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MEPC

MEPC is to build a £6m incubator unit to house up to 60 start-up companies at Milton Park in Abingdon, in partnership with Oxford Innovation. 01-Jul-2008

MEPC, the property group, has announced that Hermes Pension Management has agreed to acquire GE Real Estates' 50% stake in MEPC for undisclosed terms. 18-Feb-2003

MEPC is to proceed with plans to replace the Leavesden movie studios near Watford with a new 200,000 sq ft studio, as part of the £400m redevelopment of the site. 17-Feb-2003

MEPC has won support from the Film Council and the Department for Culture, Media and Sport to set up a major new film studio at Leavesden near Watford, as part of a £400m film and media business park. 19-Feb-2001

MEPC has submitted plans to set up a £500m film and media business park at Leavesden Park near Watford. 11-Dec-2000

MEPC has sold the Centre Point tower block in London to a consortium of developers including Apollo Real Estate Advisers and Pelham Partners, as part of a £300m deal. 26-Jun-2000

MEPC, the property company, is to be taken private following a £3.5bn takeover offer from Leconport Estates. 02-Jun-2000

MEPC is to sell £190m worth of retail property as part of a drive to focus on business space. 17-May-2000

MEPC is linking up with the Institute of Directors to set up small business centres in more than 20 cities, in order to provide office space to small companies that want to avoid the inflexibility of traditional leases. 05-May-2000

MEPC is seeking planning permission for the £40m revamp of the 130-acre Babcock Park Estate in Renfrew, which could lead to the creation of up to 4,000 jobs. 28-Jan-2000

MEPC has announced a £100m plan to extend Derby's Eagle Centre with a three-floor department store and 40 other shops, and create 1,000 jobs. 08-Dec-1999

MEPC is in discussions with Derby City Council about plans to extend the Eagle shopping centre. 18-Nov-1999

MEPC is planning a £70m joint venture with local developer Intercity JIS to build two industrial parks in Liverpool, with the creation of about 4,000 jobs, and it will target motor component and pharmaceutical manufacturers. 16-Nov-1999

MEPC is forming a joint venture with GE Capital to own and manage its £200m portfolio of smaller properties. 12-Oct-1999

Regus and MEPC have announced a scheme to encourage large companies to sell their properties to MEPC and then lease them back, with Regus providing support services. 03-Jul-1999

MEPC and John Laing Property have announced plans to double the size of the CastleCourt shopping centre in Belfast, with the creation of up to 2,000 jobs. 29-Jun-1999

Bourne End Properties is to acquire the Clarendon shopping centre in Hyde, Manchester, from MEPC for £13m. 14-Sep-1998

MEPC is to buy Heathrow Approach, the John Laing Property and Terrace Hill office development at Langley that will be completed by the end of 1999, for £28m. 05-Aug-1998

MEPC is buying Partco's vehicle parts distribution centre in Milton Keynes for £10m, and Partco will use the money to implement its recently-announced distribution development plan. 01-Jul-1998

MEPC has failed in its attempt to acquire Chesterfield Properties as the two companies could not agree a price. 20-May-1998

MEPC has sold its remaining US office and industrial properties to three US investment trusts for $369m. 25-Apr-1998

MEPC is said to have made a preliminary offer to acquire Chesterfield Properties, which is thought to worth about £160m. 25-Apr-1998

MEPC is selling eight US shopping centres to General Growth Properties of Chicago for £522m, as part of a strategy to sell off its non-UK assets. 22-Apr-1998

MEPC is taking a stake in Prestbury, the new property company, in part payment for the sale of £103m of 30 properties that are mainly industrial warehouses. 18-Mar-1998

MEPC has sold off the majority of its Australian property portfolio for £204m, as it aims to focus on the UK property market. 12-Feb-1998

Derwent Valley Holdings is acquiring a portfolio of 14 properties, mainly in London, from MEPC for £96m, which will increase its size by a third. 24-Jan-1998

MEPC is selling over £1bn of property in the US and Australia in order to return funds to shareholders and re-invest the remainder in the UK property market. 24-Sep-1997

MEPC is acquiring PSIT, the Surrey-based property company, for £247m, following shareholder pressure to improve performance. 06-Sep-1997

MEPC and Burford Group have called off their merger discussions, which would have created an enlarged property company with a portfolio of almost £4bn, following news of the talks becoming public. 04-Sep-1997


More from the Construction sector

Related pages:
Leeds City Council
Enterprise
Galliford Try
Toolstation
Derby City Council

MEPC website: www.mepc.com

The information on this page comes from the UK Activity Report.
Click here for further details












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