UK property firms Capco and Shaftesbury confirm £3.5bn merger talks
Combined group will focus on the West End of London with about 270,000 square metres of lettable space
09 May 2022 - 09:51
UK landlord Capital & Counties (Capco) has confirmed it is in advanced talks with property group Shaftesbury about a reported £3.5bn (R69.3bn) merger, which would bring major tourist hotspots Covent Garden and Chinatown under a single owner.
The tie-up could see the two own vast swathes of the West End of London, with Capco set to own 53% of the combined company and Shaftesbury 47%...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.