UK Real Estate: Shaftesbury and Capital & Counties to merge

Just a few days ago I told you about a mega merger between the leading US real estate companies. Now there has been a similar deal between two real estate companies on the London real estate market.

The real estate companies Shaftesbury PLC and Capital & Counties Properties PLC, which are primarily focused on London’s West End, announced last Thursday that they want to go together in the future.

The boards of directors of Capital & Counties Properties PLC (Capco for short) and Shaftesbury PLC (Shaftsbury for short) have already agreed on the specific terms of a combination or merger of their companies, the statement said.

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