Shaftesbury Capital: Difference between revisions
m Task 18 (cosmetic): eval 12 templates: hyphenate params (8×); |
add authority control |
||
| Line 22: | Line 22: | ||
}} |
}} |
||
'''Capital & Counties Properties plc''' (Capco) is a United Kingdom-based [[Real estate investing|property investment]] and [[Real estate development|development]] company focused on sites in the [[West End of London|West End]] of [[London]]. It is listed on the [[London Stock Exchange|London]] and [[JSE Limited|Johannesburg]] stock exchanges and is a constituent of the [[FTSE 250 Index]].<ref>{{cite web|url=https://www.lse.co.uk/share-prices/indices/ftse-250/constituents.html|title=FTSE 250 Constituents|publisher=London Stock Exchange|access-date=1 March 2020}}</ref> |
'''Capital & Counties Properties plc''' (Capco) is a United Kingdom-based [[Real estate investing|property investment]] and [[Real estate development|development]] company focused on sites in the [[West End of London|West End]] of [[London]]. It is listed on the [[London Stock Exchange|London]] and [[JSE Limited|Johannesburg]] stock exchanges and is a constituent of the [[FTSE 250 Index]].<ref>{{cite web|url=https://www.lse.co.uk/share-prices/indices/ftse-250/constituents.html|title=FTSE 250 Constituents|publisher=London Stock Exchange|access-date=1 March 2020}}</ref> |
||
==History== |
==History== |
||
| Line 40: | Line 40: | ||
{{Portal|Companies}} |
{{Portal|Companies}} |
||
{{FTSE 250 Index constituents}} |
{{FTSE 250 Index constituents}} |
||
{{Authority control}} |
|||
{{DEFAULTSORT:Capital and Counties Properties}} |
{{DEFAULTSORT:Capital and Counties Properties}} |
||
| Line 47: | Line 50: | ||
[[Category:2010 establishments in England]] |
[[Category:2010 establishments in England]] |
||
[[Category:Companies listed on the London Stock Exchange]] |
[[Category:Companies listed on the London Stock Exchange]] |
||
{{England-company-stub}} |
{{England-company-stub}} |
||
Revision as of 04:10, 29 January 2021
 | |
| Company type | Public limited company (LSE: CAPC, JSE: CCO) |
|---|---|
| Industry | Property |
| Predecessor | Liberty International |
| Founded | 2010 |
| Headquarters | London, United Kingdom |
Area served | London |
Key people | Ian Durant (Chairman) Ian Hawksworth (CEO) |
| Products | Commercial property investment and development |
| Revenue | £79.4 million (2019)[1] |
| £(44.8) million (2019)[1] | |
| £(62.3) million (2019)[1] | |
| Website | capitalandcounties.com |
Capital & Counties Properties plc (Capco) is a United Kingdom-based property investment and development company focused on sites in the West End of London. It is listed on the London and Johannesburg stock exchanges and is a constituent of the FTSE 250 Index.[2]
History
In May 2010, Capital & Counties Properties was demerged from Liberty International (now renamed Intu Properties).[3] The company once had an interest in Great Capital Partnership (a 50-50 joint venture with Great Portland Estates which invested in commercial property in the Regent Street and Piccadilly areas),[4] but that entity sold its remaining asset in June 2013.[5] The company had a large interest in the Earl's Court area which then later sold its interest there (co-owned with Transport for London) to Delancey and a Dutch pension fund in November 2019.[6] It acquired REIT status in December 2019.[7]
In June 2020, Capital & Counties Properties agreed to purchase property tycoon Samuel Tak Lee’s stake in its rival Shaftesbury.[8][9] The company will acquire a 26.3% stake of Shaftesbury for a reported £436 million.[10][11]
Operations
Capital & Counties Propertie has a large portfolio focused on properties in Covent Garden.[12] The market value of the company's property portfolio as of 31 December 2019 was £2.5 billion.[1]
References
- ^ a b c d "Annual Results 2019" (PDF). Capital & Counties Properties. Retrieved 1 March 2020.
- ^ "FTSE 250 Constituents". London Stock Exchange. Retrieved 1 March 2020.
- ^ Thomas, Daniel (9 March 2010). "Liberty demerger heralds new era". Financial Times. Retrieved 9 May 2010.
- ^ "Capital and Counties shows growing momentum". Investors Chronicle. 2 March 2011. Retrieved 23 April 2011.
- ^ "Great Capital Partnership sells Park Crescent West for £105 million". Europe Real Estate. 26 June 2013. Retrieved 1 March 2020.
- ^ "Capital & Counties To Sell Earls Court Interests For GBP425 Million". Morning Star. 15 November 2019. Retrieved 1 March 2020.
- ^ "Capital & Counties Properties converts to REIT status". Shares. 9 December 2019. Retrieved 1 March 2020.
- ^ Bloomberg, Chris Hughes |. "Analysis | Covent Garden's Owner Makes a Smart Move on Soho". Washington Post. Retrieved 18 June 2020.
- ^ "Capco invests £436 million to purchase Hong Kong tycoon's 20.9% stake in Shaftesbury". Invezz. 1 June 2020. Retrieved 18 June 2020.
- ^ "Capco agrees deal for significant stake in rival landlord Shaftesbury". Evening Standard. 1 June 2020. Retrieved 18 June 2020.
- ^ "Property firm Capco buys HK tycoon's stake in London rival Shaftesbury". The Business Times. 2 June 2020. Retrieved 18 June 2020.
- ^ "Capital & Counties to demerge Covent Garden as standalone REIT". Sharecast. 25 July 2019. Retrieved 1 March 2020.
External links
 | This article about an English company is a stub. You can help Wikipedia by expanding it. |