Moorfield players make a move

Article Abstract:

Moorfield Estates has a new management team which is developing a strategy plan. The team of Graham Stanley and Marc Gilbard have extensive experience of analysing real estate deals. Gilbard foresees acquisitions and other deal for Moorfield. Moorfield is valued at 19 million pounds sterling. Gilbard has previously been a real estate equity analyst with UBS, Goldman Sachs and NatWest, and has contacts from his former work to provide backing for his new activities.

Real Estate, Real Estate and Rental and Leasing, Management, Moorfield Estates PLC

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MEPC buys Stateside in search of American dream

Article Abstract:

MEPC, the second-largest quoted property company in the UK, is moving away from mainland Europe. It is giving higher priority to its operations in the US, where the 84 million pounds sterling purchase of North American Property Unit Trust has given it shopping malls with a book value of 198 million pounds sterling. The company has previously been criticised for lacking direction, so this purchase has boosted its share price.

Subdividers and developers, not elsewhere classified, Land Subdivision and Land Development, Shopping Center Developers, Investments, MEPC PLC

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