trending Market Intelligence /marketintelligence/en/news-insights/trending/CBqEQSoKTzxKvJ46bRavsA2 content esgSubNav
In This List

Capital & Counties Properties converts to UK REIT

Blog

Infographic: Key questions when assessing an Alternative Investment Funds (AIFs) creditworthiness

Blog

Perspectives from China: Chinese M&A in 2022

Blog

Headwinds slow global M&A in Q2’22

Blog

New Corporate Realities: The Next Generation of Managing Risk and Operations


Capital & Counties Properties converts to UK REIT

Real estate company Capital & Counties Properties PLC, or Capco, converted to a U.K. real estate investment trust, effective Dec. 9.

The London-based company said the move follows the recent completion of its £425 million sale of its stakes in the Earls Court residential scheme in London.

In connection with the move, the company will no longer pay U.K. direct tax on profits and gains from qualifying rental business, subject to certain conditions.