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Completion of disposal of German investments

10 Feb 2015 13:06

RNS Number : 5415E
Capital & Regional plc
10 February 2015
 



10 February 2015

 

 

Capital & Regional plc

 

Completion of disposal of German investments / Notice of full year results

 

Further to its announcement on 29 December 2014, Capital & Regional plc (the "Company") today confirms the completion of the sale of its 50/50 German joint venture with a real estate fund managed by Ares Management, LP to clients and funds under management of Rockspring Property Investment Managers. Proceeds are in line with those disclosed in the 29 December 2014 announcement. Further detail will be provided in the Group's Annual Results.

 

The Company also announces that it will report its full year results to 30 December 2014 on 4 March 2015. There will be a presentation for analysts on the morning of the results. For details of the meeting, please contact FTI Consulting.

 

 

- ENDS -

For further information:

Capital & Regional:

Tel: 020 7932 8000

Hugh Scott-Barrett, Chief Executive

Charles Staveley, Group Finance Director

FTI Consulting

Tel: 020 3727 1000

Richard Sunderland

Claire Turvey

capreg@fticonsulting.com

 

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 £1 billion portfolio of in-town dominant community shopping centres.

 

Capital & Regional owns the six Mall shopping centres in Blackburn, Camberley, Luton, Maidstone, Walthamstow and Wood Green and it has a 20% joint venture interest in the Kingfisher Centre in Redditch. Capital & Regional manages these assets, which comprise 880 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.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCPKKDKNBKDPBD
Date   Source Headline
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2nd Jun 20152:03 pmRNSDirectorate Change
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17th Apr 201511:01 amRNSNotice of AGM and Publication of Annual Report
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30th Mar 20157:00 amRNSDirector/PDMR Shareholding
9th Mar 20159:35 amRNSDirector Shareholding/Holding in Company
9th Mar 20157:00 amRNSNotification pursuant to DTR3.1.4R (1)
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4th Mar 20157:00 amRNSFinal Results
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13th Nov 20142:00 pmRNSNotice of General Meeting for REIT conversion
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29th Sep 20147:00 amRNSNotice of Capital Markets day
19th Sep 20144:37 pmRNSPrice Monitoring Extension
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15th Aug 20147:00 amRNSDirector/PDMR Shareholding
13th Aug 20147:00 amRNSHalf Yearly Report
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17th Jul 20149:00 amRNSNotice of Results
16th Jul 201412:30 pmRNSHolding(s) in Company

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