Capital - Regional is a UK focused specialist retail property REIT. The company actively manages a portfolio of attractively positioned assets to create sustainable income and capital growth through innovative and accretive asset management initiatives, recycling capital from these assets once repositioned.
June 2018 Interim estimated to be released on Friday , 10 August 2018
Capital & Regional was formed in 1979 and has been listed on the main market of the London Stock Exchange since 1995. Capital & Regional owns seven shopping centres in Blackburn, Camberley, Hemel Hempstead, Luton, Maidstone, Walthamstow and Wood Green. It also has a 20% joint venture interest in the Kingfisher Centre in Redditch and a 50% joint venture in the Buttermarket Centre, Ipswich. Capital & Regional manages these assets, which comprise over 950 retail units and attract c. 1.8 million shopping visits each week, through its in-house expert property and asset management platform.
Capital & Regional offers investors:
A uniquely positioned portfolio of shopping centres with strong cash generating characteristics and future growth potential
A dynamically managed ?65 million Capex programme which unlocks growth potential and generates very attractive returns
An entrepreneurial approach to acquisitions coupled with our asset management capabilities further boosts return potential
Recycling of capital enables us to crystallise gains and reallocate funds to more accretive investments
Dividend growth targeted to be in the range of 5% to 8% per annum in the medium term