Half Year Results 

CapCo confirms demerger

CapCo confirms demerger

Confirmation that Capital & Counties (CAPC) is to split its business in two overshadowed the commercial landlord's first-half results. After receiving a number of offers for its struggling Earls Court development “at a range of discounts” to the balance sheet value, management plans to launch the Covent Garden assets as a Central London-focused real estate investment trust (REIT) before the end of the year.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now