The company said the plan involved the development of four urban villages on the land currently occupied by the Earls Court Exhibition Centre‚ the West Kensington and Gibbs Green estates‚ and the railway lands in between in London‚ the UK.

CE Ian Hawksworth said: "Our strategy of creating and growing value across our estates has continued. We have signed several high-quality brands at Covent Garden and completed further residential sales. At Earls Court‚ a number of milestones have been achieved for the masterplan‚ including the receipt of formal planning consent."