News

Capco pulls trigger on demerger plan

By 2019-07-25T07:46:00

Covent Garden

Capital & Counties has revealed its long-awaited plans to demerge the company – splitting its Covent Garden estate and Earls Court holdings.

Under the proposals, the Covent Garden business, which consists largely of income-producing retail property, will be launched as a central London REIT. Capco said it was now of sufficient scale to justify the move.

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