CAPCO Capital & Counties Properties PLC. JSE: CCO

Capco shares

Background of CAPCO

  • Capital & Counties Properties PLC (Capco) is a leading UK property company focused on acquiring, developing and managing properties. It is also registered in South Africa as an external company. Capco shares are listed for sale on both the London and Johannesburg Stock Exchange (JSE) and the company is a constituent of the FTSE 250 Index.

  • The company aims to buy into assets held directly or through joint ventures. Capco‘s portfolio of properties is one of the most diverse in London and is mainly concentrated on three signature estates in West London and the West End. Covent Garden is a world-class retail, residential, restaurant and office complex covering 1 million square feet, with a total value of £2 billion. Currently in its development phases, Earls Court is the largest regeneration opportunity in Central London, and will eventually encompass 7500 new homes with a cumulative value of £1.2 billion. Capco also runs a high-end conference, exhibitions and events business at their venue Olympia London. The venue is worth £295 million and holds more than 220 events per year.

CAPCO Shares Growth Driver

  • Through a combination of effective asset management, strategic investment and development, Capco share price has achieved remarkable performance since listing as an independent company. Covent Garden has achieved good buy in from top-name long-term tenants and new leases and renewals are on the increase. Rental growth is driven by granular asset management, acquisitions and selective development.

  • The Earls Court project is one of the most exciting and important regeneration programmes in London. A prime location adjacent to some of the city’s most desirable residential districts, as well as excellent transport links, should make this housing development extraordinarily popular and contribute hugely to Capco’s bottom line and attractiveness to buy Capco shares. The first phase of homes at Lilies Square sold out within two months, but sales have been relatively slow since in the face of a more uncertain property sector.

CAPCO Group Investor Tip

  • The live online stocks chart shows that Capco share price slumped recently due to concerns about reduced demand and an oversupply of residential properties in London, which caused sales at Earls Court to slow. By June 2016, Capco share price had shown a 16% decrease from the previous year. The London property market is currently experiencing a slowdown, particularly in terms of prime property in Central London, which has resulted in falling prices. This is bad news for the new Earls Court development and Capco, and the trend is forecast to persist for at least the next year.

  • Covent Gardens and Olympia London are however holding their own and continuing to reap profits, which bodes well for investors who buy Capco shares. Once the property slowdown inevitably ends, Capco should begin reaping dividends. Capco shares could therefore be viewed as an undervalued buy at present, but investors who purchase them will need to be patient.

CAPCO Major Shareholders

BlackRock, Coronation Asset Management, Gordon Family Interests, Norges Bank, Public Investment Corporation, Old Mutual.

  • Sector

    Financials

  • Industry

    Real Estate

  • Sub industry

    Real Estate Owners & Developers

How to buy CAPCO Group Shares

  • CAPCO : How to buy CAPCO Group Shares Online

    We have made it simple to buy JSE listed firm shares online. The easiest way to buy CAPCO Group shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in CAPCO and assist you with the setup and management of your stock portfolio account.

  • Here are the steps you must follow to Buy / Purchase CAPCO Group shares with utmost confidence:

    1. Start by Filling in the BUY THIS SHARE form.
    2. Insert your name, email, telephone number and monthly remuneration.
    3. Then, Indicate the amount you are looking to invest in CAPCO.
    4. Click the “ INVEST NOW” button
    5. Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
    6. Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)
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