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  September 5, 2001
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Home > Company Index > Real Estate > Real Estate Development > MEPC Limited

MEPC Limited
 PROFILE
MEPC's impressive list of property holdings has dwindled like a drop of dew on a hot summer day. MEPC, formerly one of the UK's largest real estate companies, has liquidated much of its property stockpile, including all of its Australian and US holdings and most of its UK retail properties. The company hopes to carve a niche for itself by focusing on business parks, continuing to sell underperforming properties, and using the proceeds to buy new property for development and sale. MEPC was delisted from the London Stock Exchange following its acquisition by Leconport Estates, a joint venture of the British Telecom pension fund and GE Capital.

 COMPETITION
The British Land Company PLC (BLND)
Land Securities PLC (LAND)
Slough Estates plc (SLOU)

 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 427.50
1-Yr. Sales Growth: (7.9)%
Employees: 169
Revenue per employee: $2,529,585.80

 KEY PEOPLE
• Jamie F. T. Dundas
    CEO
• Stephen East
    CFO

 CONTACT INFO
103 Wigmore St.
London W1U 1AH, United Kingdom
Phone: 44-20-7911-5300
Fax: 44-20-7499-0650
Online: Web Site

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