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Property developer Capital & Regional today said it has purchased a third property in Hemel Hempstead and said it now has "effective control of the town centre retail offer". Capital & Regional said it bought Fareham House in Hemel Hempstead in an off-market transaction for GBP7.8 million, adding the property is adjacent to the Marlowes shopping centre and Edmonds Parade, which it acquired in January and February. The property developer said it now has the opportunity to consolidate all three into a single dominant town centre scheme, which, in total, would provide 340,000 square feet of retail space and 1,200 car parking spaces. (Alliance News)
Good Company, being a match angler I sometimes buy stuff from FR. Nice range of Seat Boxes, Poles and Keep nets. They have a good handle on the Market and an experienced team at the helm, should do well.
Hi Guys, both items welcome and the webcast is well worth a look. A solid team of Management in place and a healthy outlook I'd say. Lots on the cards in different locations and nice to see Wagamama and Prezzo moving in as well as many other top brands. The Dividend in relation to the current SP which needless to say is down over recent months ( which I don't quite get ) is quite acceptable and the current NAV too. This is one Stock I'm hanging on to. GLA
Capital & Regional plc's stock had its “buy” rating reiterated by stock analysts at Numis Securities Ltd in a research report issued to clients and investors on Friday, Analyst Ratings Net reports. They currently have a GBX 76p ($1.08) price target on the real estate investment trust’s stock. Numis Securities price objective indicates a potential upside of 20.03% from the Company’s current price. ( American Banking & Market News )