Brixton plc was a

British British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories and Crown Dependencies. * British national identity, the characteristics of British people and culture ...

-based property business headquartered in

London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...

. It was a former constituent of the

FTSE 250 Index The Financial Times Stock Exchange 250 Index, also called the FTSE 250 Index, FTSE 250, or, informally, the "Footsie 250" , is a stock market index that consists of the 101st to the 350th mid-cap blue chip companies listed on the London Stock ...

. The firm was acquired by SEGRO in 2009.

History

The company was founded in 1924 by Percy Mayer as ''Brixton Estate Limited'' to acquire a site at Brixton Road in

. In 1945 the company began to build up a portfolio by acquiring properties damaged by bombing during

World War II World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the wo ...

. In 1997 the company decided to focus on industrial properties to the West of

and in 2001 the name changed to ''Brixton plc''. The company converted to a

Real Estate Investment Trust A real estate investment trust (REIT, pronounced "reet") is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of real estate, including office and apartment buildings, studios, warehouses, hos ...

status when REITs were introduced in the United Kingdom in January 2007. In August 2009 Brixton was taken over by SEGRO.

Operations

The company owned a portfolio of circa 25 m sq. ft. of industrial and commercial properties in the West

area. The main sites were: *

Park Royal Park Royal is an area in North West London, England, divided between the London Borough of Ealing and the London Borough of Brent. It is the site of the largest business park in London, but despite intensive existing use, the area is, togethe ...

* Hatton Cross,

Heathrow Heathrow Airport , also colloquially known as London Heathrow Airport and named ''London Airport'' until 1966, is the primary and largest international airport serving London, the capital and most populous city of England and the United Kingdo ...

* Greenford Park,

Greenford Greenford () is a large town in the London Borough of Ealing in West London, Greater London, London, England, lying west from Charing Cross. It has a population of 46,787 inhabitants. Greenford is served by Greenford station, Greenford Stati ...

At 31 December 2008 its portfolio was valued at £1.6bn.Preliminary results 2008

References

External links

Archived official site
{{Real estate in the United Kingdom Real estate investment trusts of the United Kingdom Defunct companies based in London Real estate companies established in 1924 1924 establishments in the United Kingdom 2009 disestablishments in the United Kingdom Companies disestablished in 2009 2009 mergers and acquisitions