MGPA fund buys UK land bank firm for EUR 59m

By A staff reporter 2009-12-16T00:00:00

MGPA, the private equity real estate investment advisory company, has completed the acquisition of the UK land bank company, Lands Improvement Holdings plc (LIH), for £52.5 mln (EUR 59 mln). The vendor was Clerical Medial Investment Group, part of the Lloyds Banking Group (CMIG). MGPA carried out the acquisition on ...

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