MEPC has sold a £14m Scottish industrial estate portfolio to Threadneedle Property Fund Management.
The deal follows MEPC’s acquisition of Scotland’s largest landlord, Caledonian Land, three months ago for £83m. At the time, MEPC stated that the only investment within the Caledonian portfolio it was interested in keeping was Hillington Industrial estate, near Glasgow.
- Sunday Business 22/09/96 page 7