London-focused property company Capital & Counties Properties acquires the freehold interest of Tower House in the Covent Garden precinct for R1.1bn before purchaser's costs.
US, European and Asian fund managers are apparently starting to bulk up exposure to UK property stocks to cash in on the weaker pound and negative sentiment about Brexit.
London-focused property company Capital & Counties strikes GBP200m off the value of its Earls Court estate.
Capco provides a rosy forecast, saying the outlook for retail and consumer confidence remains positive.
Capital and Counties Properties reports underlying earnings of GBP4.2m in the six months to June, down from GBP7.8m a year ago.
Capital & Counties Properties releases a solid set of interim results after a successful expansion into the residential market.
Investors continue to pump money into JSE-and London Stock Exchange-listed Capital & Counties this year‚ as they look to gain exposure to prime London property.
Capital & Counties sets up a joint venture to develop a major portion of the Earls Court neighbourhood in London.

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