Capital & Counties Properties

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Capital & Counties Properties plc
Type Public limited company (LSECAPC, JSE: CCO)
Industry Property
Predecessor(s) 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 £118.8 million (2013)[1]
Operating income £351.9 million (2013)[1]
Profit £333.7 million (2013)[1]
Website capitalandcounties.com

Capital & Counties Properties plc (Capco) is a United Kingdom-based property investment and development company which is focused on sites in the West and West End of London. It is listed on the London and Johannesburg stock exchanges and is a constituent of the FTSE 250 Index.

History[edit]

The company was demerged from Liberty International (now renamed Intu Properties) in May 2010, although it does not itself hold REIT status.[2]

Operations[edit]

The firm's three principal businesses are Covent Garden, EC&O Limited (a subsidiary which owns the Olympia and Earls Court venues) and Great Capital Partnership (a 50-50 joint venture with Great Portland Estates which invests in commercial property in the Regent Street and Piccadilly areas).[3]

The market value of the company's property portfolio as at 31 December 2013 was £2.1 billion.[1]

References[edit]

  1. ^ a b c d Results 2013
  2. ^ Thomas, Daniel (9 March 2010). "Liberty demerger heralds new era". Financial Times. Retrieved 9 May 2010. 
  3. ^ "Capital and Counties shows growing momentum". Investors Chronicle. 2 March 2011. Retrieved 23 April 2011. 

External links[edit]