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. ** Britishness, the British identity and common culture * British English, ...

-based property business headquartered in

London London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...

. It was a former constituent of the FTSE 250 Index. 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, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing ...

. 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) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping cente ...

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,

Hatton Cross Hatton including Hatton Cross is a small settlement and locality in the London boroughs of Hillingdon and Hounslow, on the south-eastern edge of London Heathrow Airport and straddling the A30 road. Priot to 1965 it was in the county of Middlese ...

Heathrow Heathrow Airport (), called ''London Airport'' until 1966 and now known as London Heathrow , is a major international airport in London, England. It is the largest of the six international airports in the London airport system (the others bei ...

* Greenford Park,

Greenford Greenford () is a suburb in the London Borough of Ealing in west London, England, lying west from Charing Cross. It has a population of 46,787 inhabitants, or 62,126 with the inclusion of Perivale. Greenford is served by Greenford Station (L ...

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