About Me

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I am a qualified Attorney. I specialise in Property Law, Commercial Law, Corporate Law and Trusts.
 
Please visit our website at www.prop-law.co.za for more details.
 
I am an elected Committee Member of the Property Committee of the Association of Pretoria Attorneys and through my involvement, I like to ensure that I am constantly at the "sharp-end" of Conveyancing Practice.

I am the elected Chairman on the Gauteng Council of SAPOA. The South African Property Owners Association (SAPOA) is the biggest and most influential institution in the property industry. SAPOA members control about 90% of commercial property in SA, with a combined portfolio in excess of R150 Billion (about $22 Billion). I am also on the National Council and the National Legal Committee of SAPOA.
 
Member of the Institute of Directors South Africa and Member of the Sirdar Governance Panel.

21 February 2012

Capco gets planning permission for project

Capco gets planning permission for project

United Kingdom - The project includes 200 affordable homes.

(I-Net Bridge) - Plans to redevelop the Seagrave Road car park site in Earls Court into a new residential quarter containing more than 800 new homes have been endorsed by Hammersmith & Fulham Council (LBHF), Capital & Counties Properties PLC (Capco, CCO) said on Friday.

Capco welcomed the decision by the Council's planning committee to resolve to grant detailed planning permission for the proposals, which will replace the existing car park with a high quality, mixed use scheme comprising 808 new homes, ranging from townhouses to apartments around a new public garden square.

The project includes 200 affordable homes that will be made available for the relocation of some residents of the Gibbs Green and West Kensington Estates in the event that regeneration of these estates occurs.

As announced in December, Capco has a conditional agreement with entities in which certain members of the Kwok family are interested to form a 50:50 joint venture in respect of Capco's interests in and around Seagrave Road.

Completion of the JV is expected upon expiry of the three month statutory period which follows finalisation of the section 106 Agreement and sign off from the Mayor of London.

Ian Hawksworth, Chief Executive of Capco said: "We are delighted by the Council's decision on Seagrave Road. It confirms our long term view of the value which can be unlocked from Capco's holdings in the area through a residential-led scheme. The site is an exciting opportunity to begin the transformation of the area, creating hundreds of new homes and jobs. We look forward pursuing our plans for the project within the joint venture with the Kwok Family Interests."

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