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King’s Court and Carriage Hall Proposals Receive Consent
Capital & Counties Properties PLC
(Incorporated and registered in the United Kingdom and Wales with
registration Number 07145041 and registered in South Africa as an
external company with Registration Number 2010/003387/10)
JSE code: CCO
ISIN: GB00B62G9D36
Capital & Counties Properties PLC
KING’S COURT AND CARRIAGE HALL PROPOSALS RECEIVE CONSENT
Capital & Counties Properties PLC (Capco) received a resolution to grant planning consent from
Westminster City Council last night for its proposals to transform the space between King Street and
Floral Street within the Covent Garden estate. The 90,000 square feet scheme (including 20,000
square feet of new space) will create a new pedestrian passageway connecting Long Acre and King
Street, a new public courtyard and new retail, restaurant and residential space.
The new public courtyard will be surrounded by eight new retail units and two new restaurants with
al fresco dining. New retail frontages on Floral Street including a new anchor store will animate and
draw visitors down the western part of the street and forty-five premium apartments, of which
thirty-one are new build, will be created overlooking the new courtyard.
In addition, a separate planning application in relation to the Carriage Hall building also received a
resolution to grant consent. The Grade II listed Carriage Hall building on the western end of Floral
Street will be converted into a new 13,000 square feet multi-brand retail space with a covered
courtyard.
Ian Hawksworth, Chief Executive of Capco, said, “These plans will have a significant impact on how
visitors experience Covent Garden and highlight Capco’s commitment to creating value and
improving public access within our estate. The new passageway will connect King Street directly to
Long Acre for the first time and bring a critical mass of new retail, dining and residential to Floral
Street.”
Work on the project is likely to commence in June 2014 and will take up to three years to complete.
For media enquiries contact:
Capital & Counties Properties PLC
Ian Hawksworth, Chief Executive Tel: + 44 (0) 20 3214 9188
Soumen Das, Finance Director
For financial media enquires please contact:
Hudson Sandler (UK) Tel: +44 (0) 20 7796 4133
Michael Sandler /Wendy Baker/Katie Matthews
College Hill (South Africa) Tel: +27 11 447 3030
Frederic Cornet Mobile: +27 (83) 307 8286
Sponsor:
Merrill Lynch South Africa (Pty) Ltd
Notes to editors:
The plans for King’s Court and Carriage Hall were created by Kohn Pederson Fox Architects.
About Capital & Counties Properties PLC (Capco):
Capital & Counties Properties PLC is one of the largest investment and development property
companies that specialises in central London real estate and is a constituent of the FTSE-250 Index.
Capco holds 2.7 million square feet of assets valued at £2.1 billion (as at 30 June 2013) in two
landmark London estates: Covent Garden, which has assets valued at £1.1 billion including the
historic Market Building, and EC Properties including the Empress State Building together with the
Venues business amounting to aggregate property assets of £970 million. The company is listed on
the London Stock Exchange and the JSE, Johannesburg.
“Capco” represents Capital & Counties Properties PLC and all its subsidiary companies and group
undertakings.
www.capitalandcounties.com
About Covent Garden:
Covent Garden is one of the most distinct and vibrant estates in London; unequalled in its mix of
shops, restaurants, architecture, entertainment and culture. The neighbourhood’s new take on
luxury mixes premium retailers with one-off craft stalls, street theatre with the Royal Opera House
and world-class brands with emerging designers creating a vibrant retail and leisure district. Part of
Capital & Counties Properties PLC (Capco), a FTSE 250 property company, Covent Garden owns
assets valued at £1.1 billion across circa 900,000 sq ft of space including 63 buildings and circa 375
lettable units (as at 30 June 2013), including the historic Covent Garden Market Building.
www.coventgardenlondonuk.com
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