BusinessNewsVenues & Properties

West End landlords Shaftesbury and Capco agree £5bn merger

The combined group's portfolio will comprise approximately 670 predominantly freehold buildings, with approximately 2.9 million square feet of lettable space across 2,000 commercial and residential units

Capital and Counties Properties PLC (Capco) and Shaftesbury have announced they have reached an agreement for an all-share merger, valuing the combined group’s portfolio at £5bn with annualised gross income of approximately £165.5m.

Back to top button