Capital & Regional sells off East London residential site for £22m in the capital Property manager Capital & Regional (C&R) has sold off a residential development in Walthamstow for nearly £22m just months after snagging planning permission. The site at its 17&Central shopping centre in the East London district, which hosts businesses such as JD Sports, TK Maxx and River Island, has been sold to specialist developer Long Harbour, [...]
Return to high street aids leasing boost for Capital & Regional Return to high street aids leasing boost for Capital & Regional London-based mall owner Capital & Regional said it has seen strong momentum driving its leasing activity as shoppers flock back to high streets. September was also its best month on month comparison versus 2019, after lockdown rules were gradually eased earlier this year. In the three months to the end of September, the firm completed [...]
London remains UK’s strongest region as capital powers country out of recession London Despite the decrease, the figures still pointed to a "robust expansion in activity" with London remaining the strongest-performing region in the UK.
Capital and Regional: Shopping centre owner says footfall on the rise thanks to demand for bargain goods March 8, 2024 The Mall Wood Green owner Capital and Regional has reported a slight uptick in footfall across its shopping centres driven by a demand in customers shopping at discount stores.
London economy powers ahead of every other UK region as the capital shrugs off recession fears April 18, 2023 London’s economy is firing on all cylinders and has raced ahead of every other region in the UK as spending in the capital climbs to the highest level in a year, a new survey shows. According to NatWest and S&P Global’s regional purchasing managers’ index (PMI), businesses in London are performing better than in any [...]
Tenant restructurings hit shopping centre owner Capital & Regional March 5, 2020 Shopping centre owner Capital & Regional posted a drop in net rental income for last year as it was hit by retailer restructurings. Net rental income fell five per cent to £49.3m compared to £51.9m the previous year after a £3m hit from retailer company voluntary arrangements and restructuring plans. Adjusted profit fell 10.2 per [...]
Russia claims it shot down a drone from Ukraine as war enters 18th month July 28, 2023 A Ukrainian drone has been shot down near Moscow, Russia’s defence ministry has said. It is the third drone strike or attempt on the capital region this month. There were no injuries or damage, the ministry added. It did not give details about where the drone was shot down on Friday morning, but said it [...]
Cost of London car insurance at highest ever: Here’s why and which part of the capital is the worst January 22, 2024 The cost of insuring a car in London has reached the highest level on record, with the capital the most expensive region in the country.
Capital & Regional in talks to sell majority stake to South Africa’s Growthpoint September 11, 2019 Shopping centre owner Capital & Regional is in talks to sell a majority stake to South African property firm Growthpoint as the Johannesburg-based company takes advantage of weak UK retail property prices. Shares in Capital & Regional, which owns eight malls across the UK including Walthamstow, Wood Green and Ilford, rose more than 10 per [...]
Vistry and build-to-rent giant Sigma extend partnership to meet surging tenant demand February 14, 2024 The firm said today it has entered an agreement with build-to-rent specialists, Sigma Capital Group to deliver the quota across a number of UK regions over the next five years.