Business
Significant Pre-Let in Covent Garden
Significant Pre-Let in Covent Garden.
About this update from Shaftesbury Capital Plc
[{"type":"text","content":"\n \nRNS Number : 4672Y Capital & Counties Properties Plc 17 May 2016 \n\n17 May 2016 \n \nCAPITAL & COUNTIES PROPERTIES PLC (\"CAPCO\")\n SIGNIFICANT PRE-LET AT KINGS COURT IN COVENT GARDEN \n \nCapco announces that it has signed a significant pre-let following positive demand for its Kings Court development in Covent Garden. Petersham Nurseries, the world-renowned lifestyle brand will occupy over 16,000 square feet (NIA), creating new bespoke retail and dining concepts across four units. \nCovering circa 60 per cent of the scheme's commercial space, this is the first major signing at Kings Court and begins the repositioning of Floral Street, extending Capco's placemaking approach onto this key street. \nPlans for the Kings Court development include a new public courtyard, 10 retail and dining units as well as 45 premium apartments. The development will open up the western side of Covent Garden, enhancing the linkage and permeability between King Street and Floral Street. The development of Kings Court is progressing well and is on track for completion in 2017.\n \nSoumen Das, Managing Director and Chief Financial Officer of Capco, commented: \n \"We are delighted to welcome Petersham Nurseries to Kings Court at Covent Garden. The Kings Court development is designed to transform the western side of the estate, unlocking the value creation opportunity on Floral Street. We are very pleased that Petersham Nurseries has chosen this high quality scheme as its first central London location where its unique brand and bespoke retail and dining concepts will bring the development to life\". \n \nEnquiries \nCapital & Counties Properties PLC:\n\n\n\n\nIan Hawksworth\n\n\nChief Executive\n\n\n+44 (0)20 3214 9188 \n\n\n\n\nSoumen Das\n\n\nManaging Director & Chief Financial Officer\n\n\n+44 (0)20 3214 9183 \n\n\n\n\nMichelle McGrath\n\n\nDirector of Investor Relations\n\n\n+44 (0)20 7297 6093 \n\n\n\n\n \nMedia enquiries:\n\n\n\n\nSarah Hagan\n\n\nDirector of Communications & Marketing\n\n\n+44 (0)20 3214 9185\n\n\n\n\nUK: Tulchan \n\n\nSusanna Voyle\n\n\n+44 (0)20 7353 4200\n\n\n\n\nSA: Instinctif Partners\n\n\nFrederic Cornet\n\n\n+27 (0) 11 447 3030\n\n\n\n\n \nThis announcement includes statements t...