Capco announces share placing to progress Covent Garden and Earls Court
14th May 2014 08:41
Capital & Counties (CAPCO) is placing up to 75.9m shares to raise funds for its developments at Covent Garden and Earls Court. The proceeds of the placing will be used to grow value at Covent Garden, where it recently set a new ERV target of £75m to be achieved by December 2016. The group plans to
Read moreCapco sees positive start to the year
2nd May 2014 07:53
London-focused property group Capital & Counties (Capco), which owns assets in Covent Garden and is currently working on the 'urban re-imagination' of Earls Court, said it made a positive start to the year. The company, otherwise known as Capco, said that leasing transactions in Covent Garden were
Read moreCapco granted next stage of approval for Earls Court project
4th Apr 2014 07:45
Capital & Counties Properties (Capco) on Friday released a statement welcoming the approval of its reserved matters applications, which included the detailed design proposals for Earls Court Village. The decisions were made by the planning committees of the Royal Borough of Kensington and Chelsea (
Read moreWednesday broker round-up UPDATE
2nd Apr 2014 08:48
Aberdeen Asset Management: Canaccord Genuity reduces target price from 540p to 460p, while its buy recommendation is kept. Anglo American: JP Morgan ups target price from 1260p to 1300p, while leaving its underweight rating unchanged. Aviva: JP Morgan raises target price from 528p to 570p maintain
Read moreCapco forms joint venture with TfL for Earls Court development
28th Mar 2014 07:47
Capital & Counties Propertes, otherwise known as Capco, has established a joint venture with Transport for London (TfL) to help the development of exhibition centres Earls Court 1 & 2 in West London. The Earls Court Partnership, set up as part of the Earls Court Masterplan, will be 63%-owned by Cap
Read moreGKN director sells shares released from deferred bonus plan
27th Feb 2014 16:04
Marcus Bryson, the Chief Executive of Aerospace and Land Systems at GKN, this week traded in all 53,278 of the shares he was awarded under the company's deferred bonus plan. The shares, which were released following a two-year deferral, were sold at 411p a go, earning the director a total of £218,
Read moreFTSE 250 movers: Ashmore dives as profits sink by a third
25th Feb 2014 15:30
Asset manager Ashmore was at the bottom of the pile after its first-half profits fell by a third as it counted the cost of investor wariness over emerging markets against a backdrop of the US winding down its bond-buying stimulus programme. The news prompted Canaccord to downgrade the stock to 'hold
Read moreCapital & Counties boosts property value a fifth to 2.3bn pounds
25th Feb 2014 07:42
Upmarket London property developer Capital & Counties Properties said progress in regenerating iconic London sites had helped it boost its total portfolio value by a fifth. Capco said the value of its Covent Garden Market and properties on surrounding streets had risen 19% to just under £1.2bn in t
Read moreCapital & Counties Properties wins consent for London development
11th Dec 2013 10:03
Capital & Counties Properties has been granted permission to transform the space between King Street and Floral Street within the Covent Garden estate in London. Westminster City Council gave the green light for the company to create a new pedestrian passageway connecting Long Acre and King Street,
Read moreCapCo reports good progress at Earls Court
15th Nov 2013 07:53
Capital & Counties Properties (Capco) has achieved two significant milestones at the Earls Court site, it announced Friday. The group has been granted formal outline planning consent following the signing of the Section 106 agreement between the London Borough of Hammersmith & Fulham (LBHF), the Ro
Read moreTuesday broker round-up
3rd Sep 2013 11:13
ASOS: Exane increases target price from 5000p to 6000p and keeps an outperform rating. Associated British Foods: Exane upgrades to outperform with a target price of 2400p. Balfour Beatty: Berenberg ups target price from 270p to 300p and retains its buy recommendation. Barclays: Berenberg takes ta
Read moreWednesday broker round-up
28th Aug 2013 08:09
African Barrick Gold: Nomura takes target price from 155p to 250p and reiterates its buy recommendation. Antofagasta: Deutsche Bank cuts target price from 1050p to 1035p and retains a hold recommendation. JP Morgan reduces target price from 1005p to 975p, while its neutral rating remains unchanged.
Read moreInmarsat Chairman sells 1.4m pounds-worth of shares
8th Aug 2013 15:57
The Chairman of Inmarsat made 1.4m pounds this week by selling around a fifth of his stake in the satellite operator, the firm announced on Thursday. Andrew Sukawaty, who joined the firm 10 years ago, sold 200,000 shares in the company at a price of 700p each, taking advantage of the stock's 20% ri
Read moreOcado co-founder, Dignity CEO trim stakes in companies
2nd Aug 2013 16:00
Ocado's co-founder Jason Gissing has sold more than three million pounds worth of shares. It is the first time he has sold shares since the online grocer floated in July 2010 and follows a meteoric climb in the share price this year. The family trust that holds his shareholding for him sold 1.07
Read moreFriday broker round-up UPDATE
12th Jul 2013 08:11
Ashmore Group: Morgan Stanley cuts target price from 444p to 420p and leaves its equal-weight rating unchanged. JP Morgan ups target price from 339p to 377p maintaining a neutral rating. AstraZeneca: Jefferies reduces target price from 3560p to 3400p, while keeping its hold recommendation. Aviva:
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