Saudi Ambassador pours cold water on Kingdom’s backing for Candy’s Capco bid

By David Parsley2019-11-06T08:17:00

The Saudi Arabian Ambassador to the UK has dealt a huge blow to Nick Candy’s ambitions to bid for Earls Court and Covent Garden owner Capital & Counites (Capco) by denying any possible bid has the backing of the Kingdom’s Public Investment fund.

In response to a letter from campaigners attempting to protect two housing estates on the Earls Court scheme Saudi’s UK ambassador Khalid bin Bandar Al Saud wrote: “I have made enquiries in the Kingdom regarding your assertion that the Saudi Public Investment Fund is part of a consortium led by Candy Ventures.

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

Registration includes the following benefits:

Access up to four FREE articles 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

Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.

Registered users and subscribers SIGN IN here to continue