Capital & Counties Properties
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| Type | Public limited company (LSE: CAPC, 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 | £115.3 million (2012)[1] |
| Operating income | £269.6 million (2012)[1] |
| Profit | £240.0 million (2012)[1] |
| Website | capitalandcounties.com |
Capital & Counties Properties plc 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.
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History [edit]
The company was demerged from the Real Estate Investment Trust Liberty International (now renamed Capital Shopping Centres Group) in May 2010, although it does not itself hold REIT status.[2]
Operations [edit]
The firm's three principal estates 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 American investment firm Capital and Counties USA was previously part of the Capital & Counties business unit within Liberty International, but this now forms part of Capital Shopping Centres Group as of the Liberty demerger.
The market value of the company's property portfolio as at 31 December 2012 was £1.6 billion.[1]
References [edit]
- ^ a b c d Preliminary Results 2012
- ^ Thomas, Daniel (9 March 2010). "Liberty demerger heralds new era". Financial Times. Retrieved 9 May 2010.
- ^ "Capital and Counties shows growing momentum". Investors Chronicle. 2 March 2011. Retrieved 23 April 2011.
External links [edit]
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