Capco to split in two and separately list companies in London
The UK-focused landlord plans to demerge Covent Garden and its Earls Court project
25 July 2019 - 09:36
UK-focused landlord Capital & Counties Properties (Capco), which separated from Donald Gordon’s Liberty International in 2010, plans to split in two by separately listing its main estates in London.
The company said on Thursday it wants to list its Covent Garden estate, valued at about £2.8bn (R48.5bn), as a UK real estate investment trust (Reit), while also unbundling its Earls Court development project. ..
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