West End retail property giants press button on merger
Property companies Shaftesbury and Capco are to merge, bringing the control of some of central London’s best-known shopping districts under single ownership.
The pair will oversee districts including Covent Garden, Carnaby and Soho, which draw shoppers from the UK and overseas.
Capco said: “Their popularity provides a seven-days-a-week trading environment and exposure to an extensive and diverse local, domestic and international customer base, which has proven to be resilient throughout economic cycles.”
Already have an account? Sign in here