Capital & Counties set to update investors on London's Earls Court redevelopment plan

Property group Capital & Counties will this week update investors on its £8billion plan to redevelop London’s Earls Court exhibition centre.

The famous west London site would be demolished and replaced with 7,500 homes as part of the project.

Capital is awaiting planning approval from the Greater London Authority and the boroughs of Hammersmith & Fulham and Kensington & Chelsea.

To be replaced with 7,500 homes: London's Earls Court Exhibition Centre

To be replaced with 7,500 homes: London's Earls Court Exhibition Centre

The group already has planning permission for part of the development – to build 800 homes on the site of the exhibition centre’s car park. Construction is due to start next year.

The Earls Court scheme is one of the biggest developments in prospect in London.


The full scheme would add 350,000 sq ft of retail space to the area, with plans for a new High Street running through the middle of what is now the main exhibition centre.

Capital & Counties releases its interim results on Tuesday. Meanwhile, property listings website group Rightmove will shine a light on the state of the domestic property market on Wednesday when it releases its interim results.

Housebuilder Taylor Wimpey is also releasing half-year figures on Wednesday, when it is expected to reveal an almost 50 per cent rise in operating profits.

Analysts at Deutsche Bank forecast Taylor Wimpey would record first-half earnings of £98million, up from £67million last year.