Deal dubbed “one of the worst done by any local authority in modern history”
The two estates concerned contain 760 homes and close to 2,000 residents
Capco confirms it will convert to UK REIT status before the end of 2019
The developer’s new plans for the troubled site may include PRS and more affordable housing
Delancey and APG are expected to sell the West Kensington and Gibbs Green estates to the council
APG and Delancey have exchanged contracts to acquire Capital & Counties’ stake in Earls Court
COMMENT: Jackie Sadek mulls the best outcome for the Earls Court issue
EG looks at what the future might hold for the beleaguered Capital & Counties’ project
Purchase would be the largest local authority real estate investment to date.
Capital & Counties has entered due diligence and commercial terms with potential buyers.
How TfL has changed the way it manages, and maximises, the value of its real estate portfolio
London mayor Sadiq Khan says Hammersmith & Fulham council should consider a CPO