Main image: Demolition works at Earls Court in 2016 (via Earls Court Properties / Keltbray
Delancey completes Earls Court acquisition; plots ‘an entirely new vision for the site’
Capital & Counties has offloaded its stake in the Earls Court development to Delancey and APG for £425m. The firm has picked up two new properties in Covent Garden, and "is now positioned as a prime central London property investment business and will convert to UK REIT status before the end of 2019."
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Capital & Counties confirms that it has received "a number of proposals" from parties interested in the 77-acre Earls Court estate, while it "continues to advance preparations for a possible demerger"…
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