Capco says London’s West End continues to outperform
The external valuation of Capco’s flagship Covent Garden rose 5% in the first half to end-June, with aggregate customer sales above pre-Covid-19 levels
08 July 2022 - 11:57
UPDATED 10 July 2022 - 17:03
UK landlord Capital & Counties (Capco) says footfall continues to trend towards pre-pandemic levels and customer sales overall have more than recovered, an indication of the general appeal of London’s West End.
The external valuation of Capco’s flagship Covent Garden rose 5% in the group’s first half to end-June to £1.82bn (R36.6bn), the group said in a trading update, driven by strong leasing activity and high occupancy levels..
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