Capital & Counties Properties says its design proposals for Earls Court Village and Empress State Building has been approved.

Capital & Counties sets up a joint venture to develop a major portion of the Earls Court neighbourhood in London.

Capital & Counties Properties PLC (“Capco”) and Transport for London (TfL) have agreed to pursue proposals to settle heads of terms for a joint venture to enable the development of Earls Court 1 & 2 in line with the Earls Court Masterplan.

Capco acquires the Empress State Building having exchanged contracts with Land Securities Group for the 50% not already owned for GBP117m.

JSE-listed UK property group Capital & Counties Properties and the London Borough of Hammersmith & Fulham enter into a Conditional Land Sale Agreement.

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