Property firm Capco buys HK tycoon's stake in London rival Shaftesbury

Property firm Capco buys HK tycoon's stake in London rival Shaftesbury

Capital & Counties Properties has agreed to buy a 26.3% stake in London rival Shaftesbury from Hong Kong tycoon Samuel Tak Lee’s for 436 million pounds ($540.7 million), the real estate manager said on Monday.