Capco schemes jump in value

Kasmira Jefford
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CAPITAL and Counties posted a 22 per cent increase in net asset value to 203p per share yesterday, largely thanks to the planning successes at its Earls Court scheme.

The 77-acre west London site, where it has been granted permission to build 7,500 new homes, rose 58 per cent in value to £336m. Its Covent Garden estate was also up 7.2 per cent to £952m.