Consortium approached over Covent Garden units

British property firm Capital & Counties is believed to have approached the Irish owners of the Royal Opera House portfolio in Covent Garden in London with a view to acquiring the investment from them.

27th January, 2007

British property firm Capital & Counties is believed to have approached the Irish owners of the Royal Opera House portfolio in Covent Garden in London with a view to acquiring the investment from them. The portfolio of 16 units was acquired by Clarendon Properties and private clients of Anglo Irish Bank for stg£80 million almost two years ago. At the time, there were 11 rent reviews due to be agreed and, after their conclusion, the...

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