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

Capital & Counties Properties converts to UK REIT


Japan M&A By the Numbers: Q4 2023

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise


FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance


Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

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.