Business
Statement re. Press Comment
Statement re. Press Comment.

About this update from Shaftesbury Capital Plc
[{"type":"text","content":"\n \n\n\n\n\n\nRNS Number : 6992B Capital & Counties Properties Plc 23 February 2011 \n \n\n23 February 2011\n \n \nSTATEMENT REGARDING PRESS COMMENT\n \n \nCapital & Counties Properties PLC (\"Capco\" or the \"Company\") notes the press article this morning relating to a potential partnership regarding its property interests at Earls Court.\n \nCapco's strategy with regards to Earls Court is to unlock value through land management. The Company has made good progress to date in advancing the planning application process. \n \nCapco regularly reviews its options on how it may participate in any future redevelopment of Earls Court if the planning process is successful. One such option could be a joint venture, and the Company has received expressions of interest from a number of parties. However at this stage no discussions have progressed beyond the preliminary stages. There is therefore no certainty that any transaction would be forthcoming.\n \n \n \nEnquiries:\n \nCapital & Counties Properties PLC \nRuth Pavey, Company Secretary +44 (0)20 3214 9150\n \nHudson Sandler (Public relations - UK)\nMichael Sandler +44 (0)20 7796 4133\n \nCollege Hill (Public relations - SA)\nNick Williams +27 (0)11 447 3030\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END SPCDXLBLFLFLBBK\n\n \n ","length":3389,"tagName":"div"}]