Capital & Counties raises £258m for its Covent Garden expansion May 14, 2014 CAPITAL & Counties (Capco) raised £258m through a share placing yesterday as it looks to ramp up investment in its £2.3bn Earls Court and Covent Garden estates. Proceeds from placing will help fund a £85m development between King Street and Floral Street in Covent Garden, where it plans to create a public courtyard with shops, [...]
Capital & Counties seals £665m loan for Covent Garden portfolio March 17, 2014 CAPITAL & Counties (Capco) said yesterday that it has secured a new £665m loan to help expand its huge £1.2bn Covent Garden estate. The developer said the five-year unsecured debt facility will replace three existing secured loans and provide “improved operational and financial flexibility” to support its expansion. Capco has been sprucing up its Covent [...]