Capital & Counties Properties, a United Kingdom-based property investment and development company, completed the acquisition of a 26.3% stake in Shaftesbury, a British real estate investment trust which invests exclusively in the heart of London's West End, from Veloqx for $538m. "As long-term investors in the Covent Garden estate and the West End, the investment in Shaftesbury represents a unique opportunity to deploy our capital in an exceptional portfolio at an attractive entry price, which we believe will generate long-term value for Capco shareholders," Ian Hawksworth, Capco CEO.