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Pin to quick picksCapital & Regional Share News (CAL)

Share Price Information for Capital & Regional (CAL)

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Share Price: 50.00
Bid: 49.60
Ask: 50.00
Change: 0.50 (1.01%)
Spread: 0.40 (0.806%)
Open: 49.30
High: 50.20
Low: 49.00
Prev. Close: 49.50
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JP Morgan sees rents falling as it cuts ratings for commercial property

Mon, 21st Jan 2019 11:50

(Sharecast News) - JP Morgan Cazenove has downgraded a host of European property companies, including FTSE 250 firm Hammerson, as the UK retail sector continues to battle weak consumer sentiment.The bank, which last downgraded the sector in September 2018, said in a note published on Monday that it was factoring in even lower rental growth for European retail property owners."This is due to the deterioration in UK retail news flow which accelerated through Christmas 2018 and into the new year," it explained. "We believe that buyers of malls will increasingly incorporate expectations of negative future rental growth into their forecasts, which will be reflected in outward yield shift going forward."It added: "We also reflect investor risk appetite for listed retail companies by taking a more conservative capital structure for our [weighted average cost of capital] estimates."The UK's retail sector has struggled as uncertainly around Brexit curtails consumer spending despite high employment and accelerating wage growth. A number of big-name retailers, including John Lewis, Marks & Spencer and Debenhams, have reported disappointing festive seasons, while HMV called in the administrators three days after Christmas.In November, shares in Intu Properties - owner of Old Trafford in Manchester and Lakeside in Essex - plunged after a consortium blamed macroeconomic uncertainly and "volatility across markets" for walking away from a £2.9bn takeover offer.The Royal Institution for Chartered Surveyors has even taken the unusual step of warning valuers to be aware of potential for "significant changes in value" when valuing retail properties. According to The Sunday Times, RICS issued the guidance in December.RICS also told valuers to be aware of "seismic" shifts in shopping habits, as shoppers continued to abandon bricks and mortar for online rivals, leaving retailers eager to get out of costly, long-term leases.As well as Hammerson, owner of the Bullring in Birmingham, European retail owners downgraded by JP Morgan Cazenove include Shaftesbury, which owns properties in London's West End, and in-town shopping centre operator Capital & Regional. All were cut to 'neutral' recommendations. Overall, JP Morgan Cazenove said it had downgraded price targets by an average of 13.9% for 20 stocks.As at 12.30pm GMT, shares in Hammerson were off 3%, Shaftesbury was flat at 837p and Capital & Regional was unchanged at 29p.
More News
Today 09:08

Capital & Regional annual profit tumbles in 2023, outlook uncertain

(Alliance News) - Capital & Regional PLC reported on Tuesday its annual profit crashed in 2023, and said it had taken a cautious stance on capital allocation given the company's uncertain outlook.

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Today 08:34

Capital & Regional hikes dividend after year of rental growth

(Sharecast News) - Shopping centre specialist Capital & Regional reported a 5% increase in like-for-like net rental income (NRI) in its full-year results for 2023 on Tuesday, as well as a 2.6% increase in like-for-like valuations compared to the prior year.

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23 Apr 2024 14:26

UK earnings, trading statements calendar - next 7 days

Wednesday 24 April 
1Spatial PLCFull Year Results
abrdn PLCTrading Statement
Ecora Resources PLCTrading Statement
Fresnillo PLCTrading Statement
Lloyds Banking Group PLCQ1 Results
Nichols PLCTrading Statement
PensionBee Group PLCFirst Quarter Results
PZ Cussons PLCTrading Statement
Quilter PLCQ1 Results
Reckitt Benckiser Group PLCTrading Statement
Sanderson Design Group PLCFull Year Results
Serica Energy PLCFull Year Results
Star Energy Group PLCFull Year Results
Tortilla Mexican Grill PLCFull Year Results
Tracsis PLCHalf Year Results
Warpaint London PLCFull Year Results
Thursday 25 April 
Aquila European Renewables PLCFull Year Results
Argo Blockchain PLCFull Year Results
AstraZeneca PLCQ1 Results
Barclays PLCQ1 Results
Checkit PLCFull Year Results
Coca-Cola Europacific Partners PLCTrading Statement
Destiny Pharma PLCFull Year Results
Dillistone Group PLCFull Year Results
Focusrite PLCHalf Year Results
Gem Diamonds LtdTrading Statement
Hikma Pharmaceuticals PLCTrading Statement
Hummingbird Resources PLCTrading Statement
Ibstock PLCTrading Statement
Inchcape PLCTrading Statement
J Sainsbury PLCFull Year Results
London Stock Exchange Group PLCQ1 Results
Persimmon PLCTrading Statement
Pinewood Technologies Group PLCFull Year Results
PPHE Hotel Group LtdTrading Statement
PureTech Health PLCFull Year Results
Relx PLCTrading Statement
Renewi PLCTrading Statement
Schroders PLCQ1 Results
Skillcast Group PLCFull Year Results
Travis Perkins PLCTrading Statement
Trifast PLCTrading Statement
Unilever PLCQ1 Results
WAG Payment Solutions PLCTrading Statement
Weir Group PLCTrading Statement
WH Smith PLCHalf Year Results
WPP PLCTrading Statement
Zinc Media Group PLCFull Year Results
Friday 26 April 
Facilities by ADF PLCFull Year Results
Kingspan Group PLCTrading Statement
NatWest Group PLC Q1 Results
Pearson PLCTrading Statement
Record PLCTrading Statement
Smurfit Kappa Group PLCTrading Statement
Taylor Maritime Investments LtdTrading Statement
Monday 29 April 
Beazley PLCTrading Statement
Biome Technologies PLCFull Year Results
Christie Group PLCFull Year Results
Gresham Technologies PLCFull Year Results
Jadestone Energy PLCFull Year Results
Oxford BioMedica PLCFull Year Results
SpaceandPeople PLCFull Year Results
Tuesday 30 April 
Avacta Group PLCFull Year Results
Card Factory PLCFull Year Results
Capital & Regional PLCFull Year Results
Coca-Cola HBC AGTrading Statement
Elementis PLCTrading Statement
essensys PLCHalf Year Results
Fadel Partners IncFull Year Results
Glencore PLCTrading Statement
Hargreaves Lansdown PLC Trading Statement
Howden Joinery PLCTrading Statement
HSBC Holdings PLCQ1 Results
Kelso Group PLCFull Year Results
Northcoders Group PLCFull Year Results
Phoenix Spree Deutschland LtdFull Year Results
RBG Holdings PLCFull Year Results
Rotork PLCTrading Statement
Safestore Holdings PLCHalf Year Results
Shield Therapeutics PLCFull Year Results
St James's Place PLCTrading Statement
Whitbread PLCFull Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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22 Apr 2024 10:23

IN BRIEF: Capital & Regional picks Gerry Murphy as non-exec director

Capital & Regional PLC - London-based real estate investment trust - Appoints Gerry Murphy as a non-executive director, with immediate effect. Murphy is currently a non-executive director of Currys PLC and was previously senior independent director of Capital & Counties Properties PLC, which became Shaftesbury Capital PLC in March last year after a merger between Capital & Counties Properties and Shaftesbury PLC. He is the former partner at Deloitte LLP.

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4 Apr 2024 13:08

UK dividends calendar - next 7 days

Friday 5 April 
BBGI Global Infrastructure SAdividend payment date
Molten Ventures PLCdividend payment date
Pennon Group PLCdividend payment date
Real Estate Credit Investments Ltddividend payment date
Regional REIT Ltddividend payment date
Rights & Issues Investment Trust PLCdividend payment date
Sylvania Platinum Ltddividend payment date
Titon Holdings PLCdividend payment date
Triple Point Energy Transition PLCdividend payment date
Monday 8 April 
Alumasc Group PLCdividend payment date
LondonMetric Property PLCdividend payment date
Redrow PLCdividend payment date
Tuesday 9 April 
CT Global Managed Portfolio Trust PLCdividend payment date
Downing Strategic Micro-Cap Investment Trust PLCdividend payment date
Dunelm Group PLCspecial dividend payment date
Hays PLCdividend payment date
Renishaw PLCdividend payment date
Safestore Holdings PLCdividend payment date
Wednesday 10 April 
Assura PLCdividend payment date
Primorus Investments PLCspecial dividend payment date
Wilmington PLCdividend payment date
Thursday 11 April 
Amedeo Air Four Plus Ltdex-dividend payment date
Athelney Trust PLCdividend payment date
Aviva PLCex-dividend payment date
Balanced Commercial Property Trust Ltdex-dividend payment date
Barratt Developments PLCex-dividend payment date
Begbies Traynor Group PLCex-dividend payment date
Bioventix PLCex-dividend payment date
Blackfinch Spring VCT PLCex-dividend payment date
BlackRock Latin American Investment Trust PLCex-dividend payment date
Caledonia Mining Corpex-dividend payment date
Capital & Regional PLCex-dividend payment date
Chesnara PLCex-dividend payment date
Colefax Group PLCdividend payment date
CT Private Equity Trust PLCex-dividend payment date
Downing Strategic Micro-Cap Investements Trust PLCex-dividend payment date
Driver Group PLCdividend payment date
F&C Investment Trust PLCex-dividend payment date
Foxtons Group PLCex-dividend payment date
Grafton Group PLCex-dividend payment date
GSK PLCdividend payment date
Harbour Energy PLCex-dividend payment date
Hargreaves Services PLCdividend payment date
Howden Joinery Group PLCex-dividend payment date
Hunting PLCex-dividend payment date
i3 Energy PLCex-dividend payment date
International Personal Finance PLCex-dividend payment date
International Public Partnerships Ltdex-dividend payment date
ITV PLCex-dividend payment date
Johnson Service Group PLCex-dividend payment date
JPMorgan Asia Growth & Income PLCex-dividend payment date
JPMorgan Japan Small Cap Growth & Income PLCex-dividend payment date
Just Group PLCex-dividend payment date
Kenmare Resources PLCex-dividend payment date
Kerry Group PLCex-dividend payment date
Kings Arms Yard VCT PLCex-dividend payment date
Law Debenture Corp PLCdividend payment date
Lloyds Banking Group PLCex-dividend payment date
Lowland Investment Cos PLCex-dividend payment date
Luceco PLCex-dividend payment date
Man Group PLCex-dividend payment date
Manchester & London Investement Trust PLCex-dividend payment date
Marble Point Loan Financing Ltdex-dividend payment date
Mercantile Investment Trust PLCex-dividend payment date
Mobius Investment Trust PLCex-dividend payment date
MTI Wireless Edge Ltddividend payment date
North American Income Trust PLCex-dividend payment date
Northamber PLCex-dividend payment date
Octopus Apollo VCT PLCex-dividend payment date
Phoenix Group Holdings PLCex-dividend payment date
Reckitt Benckiser Group PLCex-dividend payment date
Ricardo PLCdividend payment date
Savills PLCex-dividend payment date
Schroder Asian Total Return Investment Cos PLCex-dividend payment date
Schroder European Real Estate Investment Trust PLCex-dividend payment date
Scottish American Investment Cos PLCdividend payment date
Smurfit Kappa Group PLCex-dividend payment date
Softcat PLCex-dividend payment date
Somero Enterprises Incex-dividend payment date
Supermarket Income REIT PLCex-dividend payment date
Synectics PLCex-dividend payment date
TP ICAP Group PLCex-dividend payment date
Trifast PLCdividend payment date
TT Electronics PLCex-dividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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8 Mar 2024 10:14

Capital & Regional sees positive performance in 2023, delays results

(Alliance News) - Capital & Regional PLC said on Friday it had improved its final dividend as it looks set to deliver strong profit.

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8 Mar 2024 09:30

SMALL-CAP WINNERS & LOSERS: Petrofac jumps on USD200 million contract

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

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8 Mar 2024 07:31

Capital & Regional posts modest growth in footfall

(Sharecast News) - Shopping centres investor Capital & Regional reported a modest uptick in footfall in 2023 as customers headed to discount stores at an increased rate.

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15 Jan 2024 09:29

SMALL-CAP WINNERS & LOSERS: Record shares rise as welcomes new CFO

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

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11 Jan 2024 11:59

IN BRIEF: Irish Residential appoints Balanced Commercial exec to chair

Irish Residential Properties REIT PLC - Dublin-based real estate investment trust - Hires Hugh Scott-Barrett as chair designate, effective from February 23. He will replace Declan Moylan, who will leave the board at I-Res's annual general meeting on May 2. Scott-Barrett, who joined the board as an independent director in September 2022, is currently a non-executive director and senior independent director of Balanced Commercial Property Trust Ltd, a FTSE 250 REIT. He was chief executive of Capital & Regional PLC from 2008 to 2017, then served as non-executive chair until May 2020. I-Res says that as chair designate, Scott-Barrett will oversee the strategic review announced on Monday.

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29 Dec 2023 10:07

SMALL-CAP WINNERS & LOSERS: Gloomy outlook hangs over Xaar

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

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30 Nov 2023 09:57

LONDON BROKER RATINGS: Citi and Peel up B&M; JPMorgan cuts 888

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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4 Oct 2023 14:29

IN BRIEF: Growthpoint Properties ups interest in Capital & Regional

Capital & Regional PLC - London-based real estate investment trust - Says Growthpoint Properties Ltd holds 153.2 million shares in the group, representing 68.13% voting rights. Growthpoint previously owned 148.7 million shares, or 67.64% majority stake.

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15 Sep 2023 15:47

UK dividends calendar - next 7 days

Monday 18 September 
Pearson PLCdividend payment date
Quilter PLCdividend payment date
Shaftesbury Capital PLCdividend payment date
Shell PLCdividend payment date
Tuesday 19 September 
Alpha Financial Markets Consulting PLCdividend payment date
Rathbones Group PLCex-dividend payment date
Wednesday 20 September 
abrdn Asia Focus PLCdividend payment date
Domino's Pizza Group PLCdividend payment date
Impact Healthcare REIT PLCdividend payment date
London Stock Exchange Group PLCdividend payment date
OSB Group PLCdividend payment date
Sabre Insurance Group PLCdividend payment date
Scottish American Investment Co PLCdividend payment date
Thursday 21 September 
abrdn Diversified Income & Growth PLCex-dividend payment date
abrdn Private Equity Opportunities Trust PLCex-dividend payment date
Alpha Group International PLCex-dividend payment date
Brickability Group PLCdividend payment date
Brooks Macdonald Group PLCex-dividend payment date
Chelverton UK Dividend Trust PLCex-dividend payment date
Costain Group PLCex-dividend payment date
CQS Natural Resources Growth & Income PLCspecial ex-dividend payment date
Crest Nicholson Holdings PLCex-dividend payment date
Dowlais Group PLCex-dividend payment date
Essentra PLCex-dividend payment date
FDM Group Holdings PLCex-dividend payment date
Fidelity European Trust PLCex-dividend payment date
Forterra PLCex-dividend payment date
Gamma Communications PLCex-dividend payment date
Grafton Group PLCex-dividend payment date
Harworth Group PLCex-dividend payment date
Highcroft Investments PLCex-dividend payment date
HSBC Holdings PLCdividend payment date
IG Group Holdings PLCex-dividend payment date
Jet2 PLCex-dividend payment date
JPMorgan European Growth & Income PLCex-dividend payment date
JTC PLCex-dividend payment date
Kenmare Resources PLCex-dividend payment date
Mattioli Woods PLCex-dividend payment date
Midwich Group PLCex-dividend payment date
Palace Capital PLCex-dividend payment date
Redrow PLCex-dividend payment date
Regional REIT Ltdex-dividend payment date
Restore PLCex-dividend payment date
Rio Tinto PLCdividend payment date
Schroders PLCdividend payment date
SSE PLCdividend payment date
STV Group PLCex-dividend payment date
Vanquis Banking Group PLCdividend payment date
Walker Crips Group PLCex-dividend payment date
XPS Pensions Group PLCdividend payment date
Friday 22 September 
abrdn Equity Income Trust PLCdividend payment date
Arbuthnot Banking Group PLCdividend payment date
Athelney Trust PLCdividend payment date
Auto Trader Group PLCdividend payment date
BP PLCdividend payment date
Capital & Regional PLCdividend payment date
Empiric Student Property PLCdividend payment date
Glencore PLCdividend payment date
Glencore PLCspecial dividend payment date
Henderson Opportunities Trust PLCdividend payment date
JLEN Environmental Assets Group Ltddividend payment date
Man Group PLCdividend payment date
PayPoint PLCdividend payment date
Reach PLCdividend payment date
Rotork PLCdividend payment date
Segro PLCdividend payment date
Speedy Hire PLCdividend payment date
St James's Place PLCdividend payment date
Utilico Emerging Markets Trust PLCdividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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11 Sep 2023 09:56

SMALL-CAP WINNERS & LOSERS: Restaurant Group sells "challenged" chains

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

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