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Capco on-track with Covent Garden/Earls Court drive

Capital & Counties in a trading update for the year to date said it continued to meet its target for significant valuation creation across its two major London estates, with strong leasing activity at Covent Garden and development and residential sales progress at Earls Court.
CoStar News
May 6, 2016 | 12:42 P.M.

Ian Hawksworth, chief executive of Capco, said: “Our strategy to deliver value creation from our two central London estates continues. Covent Garden remains on track to achieve an ERV of £100m by December 2017. The quality of leasing activity has resulted in positive momentum across the estate, introducing premium brands and dining concepts such as The Watch Gallery and VyTA. The development of Kings Court is on track and will kick-start the placemaking opportunity on Floral Street.

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