Can Canary Wharf Group rescue Earls Court?

Canary Wharf Group has emerged as the latest potential suitor for Capital and Counties’ Earls Court, but can it turn around a 77-acre site that has been mired by controversy and a lacklustre London property market? The scheme has lost more than half its value in just over four years, with Capco’s share of the site, which is mostly held in a vehicle with TfL, worth £412m, according to a valuation by JLL, down from a 2015 peak of £803m. However, it remains one of the largest development opportunities in London, having already got a £12bn masterplan in place for