Capital & Counties Properties completed the merger with Shaftesbury in a £3.5bn deal.

Capital & Counties Properties, a United Kingdom-based property investment and development company, completed the merger with Shaftesbury, a British real estate investment trust, in a £3.5bn deal. "Today we are delighted to complete the merger, bringing together two highly complementary portfolios to create the leading central London mixed-use REIT, Shaftesbury Capital. We look ahead with confidence, with an experienced and talented team, to deliver long-term economic and social value for stakeholders and contribute to the success of the West End," Ian Hawksworth, Shaftesbury CEO.