CAPITAL & COUNTIES PROPERTIES PLC - Significant Pre-Let at Kings Court in Covent Garden

Significant Pre-Let at Kings Court in Covent Garden

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

17 May 2016

                          CAPITAL & COUNTIES PROPERTIES PLC (“CAPCO”)
                  SIGNIFICANT PRE-LET AT KINGS COURT IN COVENT GARDEN

Capco 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.

Covering 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.

Plans 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.

Soumen Das, Managing Director and Chief Financial Officer of Capco, commented:
 “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”.


Enquiries
Capital & Counties Properties PLC:
Ian Hawksworth              Chief Executive                               +44 (0)20 3214 9188
Soumen Das                  Managing Director & Chief Financial Officer   +44 (0)20 3214 9183
Michelle McGrath            Director of Investor Relations                +44 (0)20 7297 6093

Media enquiries:
Sarah Hagan                 Director of Communications & Marketing        +44 (0)20 3214 9185
UK: Tulchan                 Susanna Voyle                                 +44 (0)20 7353 4200
SA: Instinctif Partners     Frederic Cornet                               +27 (0) 11 447 3030

Sponsor:
Merrill Lynch South Africa (Pty) Limited


This announcement includes statements that are forward-looking in nature. Forward-looking
statements involve known and unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of Capital & Counties Properties PLC to be materially
different from any future results, performance or achievements expressed or implied by such forward-
looking statements. Any information contained in this announcement on the price at which shares or
other securities in Capital & Counties Properties PLC have been bought or sold in the past, or on the
yield on such shares or other securities, should not be relied upon as a guide to future performance.

Notes to Editors

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’s landmark London estates are valued at £3.7 billion(1) (as at 31 December 2015): Covent
Garden, which has assets valued at £2.0 billion including the historic Market Building; and Earls Court
Properties including the Empress State Building together with the Venues business with aggregate
property assets of £1.7 billion. The company is listed on the London Stock Exchange and the
Johannesburg Stock Exchange.

1) Group share

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