Capital & Counties slides as it swings to loss
1st Mar 2023 07:51
(Sharecast News) - Capital & Counties reported a mixed year in its final results on Wednesday, with underlying net rental income increasing to £57.2m from £48.9m in 2021, while it swung to a loss for the year of £211.8m, in contrast to the £34.8m profit it recorded in the prior year.
Read moreCMA clears Capco/Shaftesbury merger
22nd Feb 2023 07:58
(Sharecast News) - West End landlords Capital & Counties and Shaftesbury said on Wednesday that the Competition and Markets Authority has cleared their £3.5bn merger.
Read moreCMA to probe Shaftesbury and Capital & Counties tie up
15th Nov 2022 11:34
(Sharecast News) - The competition watchdog is to probe the proposed merger between London property firms Shaftesbury and Capital & Counties, it was confirmed on Tuesday.
Read moreCapital & Counties confident for Christmas after 'resilient' third quarter
1st Nov 2022 07:41
(Sharecast News) - West End landlord Capital & Counties Properties said it remained well placed for the key Christmas trading period on Tuesday, despite the weakening economic outlook.
Read moreDirector dealings: Capco non-exec linked to three share purchases
12th Sep 2022 16:04
(Sharecast News) - Capital & Counties Properties was in the green on Monday afternoon, after three significant share purchases were linked to a non-executive director.
Read moreCapco total equity stable as it awaits Shaftesbury merger clearance
2nd Aug 2022 10:24
(Sharecast News) - Capital & Counties reported total equity of £1.8bn at the end of its first half on Tuesday, remaining stable compared to the end of 2021, as it awaited regulatory approval of its proposed merger with Shaftesbury.
Read moreCapco total equity stable as it awaits Shaftesbury merger clearance
2nd Aug 2022 10:24
(Sharecast News) - Capital & Counties reported total equity of £1.8bn at the end of its first half on Tuesday, remaining stable compared to the end of 2021, as it awaited regulatory approval of its proposed merger with Shaftesbury.
Read moreBerenberg lowers target price on CapCo and Shaftesbury
1st Jul 2022 07:34
(Sharecast News) - Analysts at Berenberg lowered their target prices on both Capital & Counties and Shaftesbury on Friday as it took a fresh look at the UK real estate sector.
Read moreShaftesbury, Capco agree merger terms
16th Jun 2022 07:59
(Sharecast News) - Capital & Counties and Shaftesbury said on Thursday that they have agreed the terms of a £3.5bn all-share merger that will create a combined group with a portfolio valued at around £5bn.
Read moreCiti upgrades Capco to 'buy'
12th May 2022 11:24
(Sharecast News) - Citi upgraded Capital & Counties on Thursday to 'buy' from 'neutral', although the rating change had nothing to do with the merger with Shaftesbury announced earlier in the week.
Read moreShaftesbury, Capco confirm talks over possible merger
9th May 2022 07:22
(Sharecast News) - Property firms Shaftesbury and Capital & Counties confirmed on Monday that they are in advanced discussions about a possible merger.
Read moreCapco swings back to earnings as West End visitors return
23rd Feb 2022 09:43
(Sharecast News) - Capital & Counties reported total equity of £1.8bn in its final results on Wednesday, in line with last year, while EPRA net tangible assets rose marginally to 212.4p per share from 212.1p a year ago.
Read moreCapital & Counties' Covent Garden property value increases 4.6% in H2
17th Jan 2022 07:07
(Sharecast News) - Property investor and developer Capital & Counties said on Monday that an independent valuation of its Covent Garden assets had revealed that the property's value had increased by 4.6% to £1.7bn in the second half of the year.
Read moreCap&Co unveils 10 new Covent Garden retailers ahead of Xmas season
16th Nov 2021 08:27
(Sharecast News) - Capital & Counties Properties on Tuesday unveiled 10 new retail brands for its Covent Garden shopping district, and launched its Christmas programme as firms hope for a return of customers during the holiday season.
Read moreCapital & Counties confident of long-term prospects despite falling portfolio valuation
27th Jul 2021 09:46
(Sharecast News) - Property investment and development firm Capital & Counties said on Tuesday that it was confident in the long-term prospects for its prime central London locations despite a continued decline in its portfolio valuation throughout the first half of 2021.
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