11 November 2016
Capital & Regional plc
("Capital & Regional" or the "Company" or "Group")
Disposal of The Mall, Camberley
Further to its announcement on 31 October 2016, Capital & Regional plc, the UK focused specialist property REIT, confirms that the sale of The Mall shopping centre in Camberley to Surrey Heath Borough Council has today completed.
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For further information:
Capital & Regional: |
Tel: 020 7932 8000 |
Hugh Scott-Barrett, Chief Executive |
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Charles Staveley, Group Finance Director |
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FTI Consulting: |
Tel: 020 3727 1000 |
Richard Sunderland Claire Turvey |
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Notes to editors:
About Capital & Regional plc
Capital & Regional is a UK focused specialist property REIT with a strong track record of delivering value enhancing retail and leisure asset management opportunities across a c. £1 billion portfolio of in-town dominant community shopping centres. Capital & Regional is listed on the main market of the London Stock Exchange and has a secondary listing on the Johannesburg Stock Exchange.
Capital & Regional owns six shopping centres in Blackburn, Hemel Hempstead, Luton, Maidstone, Walthamstow and Wood Green. It also has a 20% joint venture interest in the Kingfisher Centre in Redditch and a 50% joint venture in the Buttermarket Centre, Ipswich. Capital & Regional manages these assets, which comprise over 830 retail units and attract c. 1.6 million shopping visits each week, through its in-house expert property and asset management platform.
For further information see www.capreg.com.