Liberty International PLC (Liberty International) is a real estate investment trust (REIT). The Company is engaged in making selected investments with long-term potential in the property sector. Its activities are focused on its two operating businesses: Capital Shopping Centres (CSC), which specializes in the ownership, management and development of regional shopping centers, and Capital & Counties, which engages in commercial and retail property investment, management and development in the United Kingdom, the United States and other parts of the world. Its subsidiaries include Capital shopping Centres PLC, Capital & Counties Limited, Capital & Counties Debenture PLC, Capital & Counties CG Limited and Liberty International Asset Management Limited, among others. On August 19, 2008, the Company acquired a 50% interest in the Empress State Limited Partnership. During the year ended December 31, 2008, it disposed of its 70% interest in Capital Enterprise Centres (Jersey) Limited.
Quick Financial Synopsis
BRIEF: For the six months ended 30 June 2009, Liberty International PLC's revenues decreased less than 1% to £295.9M. Net loss increased 10% to £470.1M. Revenues reflect a decrease in income from CSC and Exhibition business segment. Net loss also reflects the absence of gain on sale of subsidiary, the presence of loss on sale of investment & write down of trading property, increased interest payable and higher rental expenses.
Company Address
Liberty International PLC
40 Broadway London ENG SW1H 0BT
P: +4420.79601200 F: +4420.79601333