Capco demerges Covent Garden and Earl’s Court businesses July 25, 2019 Property development firm Capital & Counties (Capco) has confirmed it will separate its Covent Garden business from its troubled Earl’s Court development, which has dropped in value. The company announced today that Covent Garden London and EC Properties will stand alone as two separately listed businesses. Read more: Capco investment boss to quit as demerger [...]
Capital & Counties raises £258m for its Covent Garden expansion May 14, 2014 CAPITAL & Counties (Capco) raised £258m through a share placing yesterday as it looks to ramp up investment in its £2.3bn Earls Court and Covent Garden estates. Proceeds from placing will help fund a £85m development between King Street and Floral Street in Covent Garden, where it plans to create a public courtyard with shops, [...]
Capital & Counties seals £665m loan for Covent Garden portfolio March 17, 2014 CAPITAL & Counties (Capco) said yesterday that it has secured a new £665m loan to help expand its huge £1.2bn Covent Garden estate. The developer said the five-year unsecured debt facility will replace three existing secured loans and provide “improved operational and financial flexibility” to support its expansion. Capco has been sprucing up its Covent [...]