Convent Garden reports rise in net rental income

During the six months ended June 30, 2017, Capco said that the company further strengthened its financial position reducing loan to value to 18 percent and increasing available liquidity to 577 million pounds (749 million dollars). The total property value of the group increased 0.2 percent like-for-like to 3.5 billion pounds (4.5 billion dollars). The valuation of Covent Garden rose by 1.5 percent like-for-like to 2.4 billion pounds (3.1 billion dollars), driven by rental growth of 2.8 percent achieved over the period.