Earls Court loses another £52m in value during first half of 2018

By David Parsley2018-07-25T07:51:00

Capital & Counties (Capco) has revealed another £52m loss in value at its controversial Earl Court development in west London, bringing total writedowns at the scheme to more than £450m since 2016.

The group, which is currently considering a demerger to split its two core holdings at Covent Garden and Earls Court into two separately listed businesses, reported the writedown in its half year results for the six months to the end of June.

This content is only available to registered users

You must be logged in to continue

Would you like to read more?

Register for free to finish this article.

Four FREE articles of your choice per month
Breaking news, comment and analysis from industry experts as it happens
Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.

Registered users and subscribers SIGN IN here to continue