REITS
Capco’s West End play could be just the ticket
Capco is likely to reappear on SA radars as its merger with Shaftesbury will create a R100bn central-London real estate giant
21 July 2022 - 05:00
SA investors who bailed out of Capital & Counties Properties (Capco) after it demerged from Liberty International in 2010 are likely to reconsider exposure to the London-focused property play given plans to merge with fellow LSE-listed Shaftesbury.
When the late Donald Gordon’s Liberty International split into Capco and Intu, more than 50% of Capco’s shareholders were South Africans. That number has over the past 12 years dwindled to an estimated 10% — partly on the back of Capco’s initial development focus. ..
Would you like to comment on this article?
Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Commenting is subject to our house rules.
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