Fund Valuations

RNS Number : 5343N
Capital & Regional plc
19 February 2009
 






19 February 2009


CAPITAL & REGIONAL PLC:

VALUATION OF MALL, JUNCTION AND X-LEISURE FUNDS


Capital & Regional plc, the co-investing property asset manager, today announced that the unit value of the Mall Limited Partnership as at 31 January 2009 was as follows:  




Valuation of properties

Unit value at 
31 January 2009

Unit value at 
31 December 2008

Underlying valuation change in  month

(1)

Change in unit value (geared) in month

(2)

Units owned by C&R

C&R percentage of fund

Mall Fund

£1,613,943,458

£0.5062

£0.5892

(4.6)%

(14.1)%

157,742,057

16.7%



Notes:  

(1)    The underlying valuation change shows the increase/(decrease) in the value of the portfolio in the month as a percentage of the value of the portfolio at the beginning of the month.

(2)    The change in unit value reflects the movement in the capital value (excluding the impact of debt mark to market adjustments) of the fund in the month.  Investors separately benefit from quarterly distributions of net income and periodic capital distributions.  

(3)    Following the result of votes by the respective unit holders in both the Junction Fund and the X-Leisure Fund the next unit price for these funds will be calculated as at 31 March 2009.   

 

ENDS -


For further information:

Capital & Regional:

Hugh Scott-Barrett, Chief Executive              Tel: 020 7932 8121

Charles Staveley, Group Finance Director    Tel:  020 7932 8000


Maitland

Martin Leeburn                                                Tel: 020 7379 5151

Emma Burdett                                                Tel:  020 7379 5151


This information is provided by RNS
The company news service from the London Stock Exchange
 
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