 European Ferries Group had a number of subsidiaries in the property management and development industry.These were managed by subsidiaries EF International Inc in the United States, Inmogold SA in Spain and Townsend Thoresen Developments Ltd and Townsend Thoresen Properties Ltd in the United Kingdom.In May 1985, European Ferries transferred the majority of its UK property interests to Stockley Plc in exchange for a 44% share and as a result of Stockley's acquisition of 26.5% Stock Conversion Plc this stake was reduced to 34.7%.