Resignation of Xavier Pullen

RNS Number : 5477W

Capital & Regional plc

30 December 2013

 



30 December 2013

Capital & Regional plc

("Capital & Regional" or the "Company")

Resignation of Xavier Pullen

Capital & Regional confirms that as announced on 14 August 2013 Xavier Pullen has resigned from the Board effective today.

As previously noted Xavier will continue to maintain close links with the Company, taking up the role of senior adviser supporting the execution of the strategy for Germany.

Hugh Scott-Barrett, Chief Executive commented:

"I would like to thank Xavier for his huge contribution to the Company over many years and look forward to him continuing to play a valuable role going forward."

Xavier Pullen commented:

"I am immensely proud of, and have very much enjoyed, my many years at Capital and Regional. I look forward to maintaining contact and continuing to make a meaningful contribution to our German assets going forward"

ENDS

For further information:

Capital & Regional:
Hugh Scott-Barrett, Chief Executive	Tel:  [phone]
Charles Staveley, Group Finance Director	Tel:  [phone]
FTI Consulting:
Stephanie Highett Richard Sunderland Will Henderson Aleka Bhutiani	Tel: [phone]

 

Notes to editors:

 

About Capital & Regional plc

Capital & Regional is a specialist property company with a strong track record of delivering value enhancing retail and leisure asset management opportunities across a £1.2 billion portfolio, primarily in town centre shopping centres.

Capital & Regional founded The Mall in conjunction with Aviva Investors. Capital & Regional acts as Property and Asset Manager for the Mall and currently holds 29.26% of this fund.

Capital & Regional & Ares Management (formerly known as AREA Property Partners) each hold a 50% interest in a German retail property portfolio which is managed by Garigal Asset Management GmbH, in which Capital & Regional holds a 30% interest. 

Capital & Regional has a number of other joint ventures and wholly-owned properties.

For further information, please see www.capreg.com.

 

END

 

 

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