UK landlord Capital & Counties (Capco) says the value of its primary asset, Covent Garden Estate in London, fell 17% in the six months to end-June as Covid-19 battered high-street retail.
Covent Garden was valued at £2.2bn (R46.2bn) at the end of June, a 17% decline from the end of December, with the group saying most of the valuation movement related to the retail, leisure and food & beverage portfolio...
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