Capco pleased by council green light in Earls Court

It is not often a humble car park gets top billing in a company news announcement but the one in Seagrave Road in London's Earls Court is one step closer to being replaced by a housing development, property giant Capital and Counties (Capco) revealed.

It is not often a humble car park gets top billing in a company news announcement but the one in Seagrave Road in London's Earls Court is one step closer to being replaced by a housing development, property giant Capital and Counties (Capco) revealed.

The Hammersmith & Fulham Council has granted planning permission for the residential quarter, which will see 808 new homes built around a new public garden square in a part of London best known for its exhibition centres and large contingent of Australians.

Ian Hawksworth, Chief Executive of Capco, said the decision "confirms our long term view of the value which can be unlocked from Capco's holdings in the area through a residential-led scheme."

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