NewRiver agrees £147m takeover of Capital & Regional
24th Sep 2024 09:11
(Sharecast News) - NewRiver REIT announced a recommended cash and share offer to acquire Capital & Regional on Tuesday, in a deal valued at £147m.
Read moreCapital & Regional extends takeover offer deadline for Newriver
12th Sep 2024 10:23
(Sharecast News) - Shopping centre owner Capital & Regional has extended the so-called 'put up or shut up' deadline for a takeover offer from NewRiver by two weeks.
Read morePraxis withdraws from potential Capital & Regional takeover
10th Sep 2024 09:17
(Sharecast News) - Praxis Group announced on Tuesday that it would not proceed with its potential offer to acquire Capital & Regional.
Read moreCapital & Regional raises dividend after strong first half
1st Aug 2024 12:43
(Sharecast News) - Shopping centre real estate investment trust Capital & Regional reported a strong set of first-half financial results on Thursday, marked by a 17.1% increase in net rental income (NRI) to £13.7m.
Read morePraxis Group mulling offer for Capital & Regional
19th Jul 2024 12:48
(Sharecast News) - Praxis Group announced on Friday that it was in the preliminary stages of considering a potential cash offer for Capital & Regional.
Read moreCapital & Regional confirms takeover proposal from Vukile, expression of interest from NewRiver
23rd May 2024 09:40
(Sharecast News) - Capital & Regional surged on Thursday after confirming it had received a non-binding indicative proposal from Vukile about a possible cash and share offer and a separate expression of interest from NewRiver REIT.
Read moreWorkspace poaches Capital & Regional boss as new CEO
8th May 2024 08:01
(Sharecast News) - Office provider Workspace has appointed Capital & Regional boss Lawrence Hutchings as its chief executive designate to replace its current CEO who announced his retirement in January.
Read moreCapital & Regional hikes dividend after year of rental growth
30th Apr 2024 08:34
(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.
Read moreCapital & Regional posts modest growth in footfall
8th Mar 2024 07:31
(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.
Read moreCapital & Regional hails 'strong' year as footfall recovers
2nd Mar 2023 10:00
(Sharecast News) - Capital & Regional reported a jump in revenues on Thursday, as retail footfall continued to strengthen post pandemic.
Read moreCapital & Regional resumes dividend after strong first half
11th Aug 2022 10:05
(Sharecast News) - Capital & Regional reported improved income and profitability in its half-year results on Thursday, with net rental income on its investment assets up 23% year-on-year to £12.2m.
Read moreCapital & Regional to sell The Mall in Blackburn
24th May 2022 09:17
(Sharecast News) - Real estate investment trust Capital & Regional has agreed to sell The Mall in Blackburn to the retail arm of Adhan Group for £40.0m in cash.
Read moreCapital & Regional confident in ongoing recovery in footfall
19th May 2022 10:02
(Sharecast News) - Capital & Regional reported a strong ongoing recovery in an update on Thursday, saying that in the first four months of 2022, footfall was 193.3% of the same period last year.
Read moreCapital & Regional trims losses as valuations stabilise
8th Mar 2022 08:19
(Sharecast News) - Capital & Regional posted reduced annual losses on Tuesday, despite a dip in annual revenues, after the property firm completed a wide-reaching restructuring and valuations began to stabilise.
Read moreBerenberg upgrades Capital & Regional to 'hold'
8th Nov 2021 10:03
(Sharecast News) - Analysts at Berenberg upgraded property asset manager Capital & Regional from 'sell' to 'hold' on Monday, citing the firm's now strengthened balance sheet.
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