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.
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