We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Property investment and development company Capital & Counties (Capco), which was scarred by Brexit in 2016 and now by the fallout from the Covid-19 pandemic, has opted not to declare a final dividend as the value of its coveted property shrunk, underscoring the challenging operating environment in the UK.

Capco, which was spun out of the late businessman and philanthropist Donald Gordon’s Liberty International, owns the iconic UK retail development Covent Garden, the value of which has plunged 27% to £1.8bn in the year to end-December, as many customers stay at home due to fear of contracting the deadly virus...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now