Company
Capital & Regional PLC
LON:CAL
Capital & Regional is a UK-focussed specialist property REIT with a strong track record of delivering value enhancing retail and leisure asset management opportunities across a £1billion portfolio of in-town dominant community shopping centres.
21 stories
Capital & Regional profits tumble as pandemic hits rental income in first half
Net asset value at the community shopping centre owner was also heavily dented in the period, falling to 229p per share from 514p a year ago
Capital & Regional Properties sees shoppers return but rent collection remains low
Average transaction values have also been higher than the comparable period last year, according to the property firm's tenants
Capital & Regional working with tenants after receiving half of rent payments
Further collections for the second quarter “are expected” from larger shopping centre tenants as they receive relief measures from the government
Hammerson disposals would rebuild balance sheet and still allow chunky dividend, says Peel Hunt
Broker's property sector review resulted in upgrades for Hammerson, Shaftesbury and Capital & Regional, but downgrades to Helical and Primary Health Properties
Investments and investor services
Thomas Cook slumps again as debt-for-equity swap or emergency rights issue is expected
A look at the day's major movers, including Future, Capital & Regional, Tiger Resource, Metro Bank, eve Sleep, Maistro and Staffline
Archive
FTSE 100 closes higher as no deal Brexit fears ease
Footsie closed around 26 points higher at 7,185, while FTSE 250 added around 103 points at 19,283
Archive
Thursday's Brexit fallout likely to overshadow Capita and Savills results
Brexit and the latest vote will likely be the main talking point, but there will be financial results too!
Archive
Shifting supermarket landscape the focus with first-half results from Morrison's
Aside from Morrison's, the Week Ahead will also bring updates from housebuilder Berkeley Group, insurer Prudential and fund manager Standard Life Aberdeen
Capital & Regional in talks with struggling Debenhams about store re-sizing
Capital & Regional said weaker sentiment in retail assets led to a 4.5% decrease in the value of its portfolio in the second half.
Hammerson weak as JPMorgan Cazenove downgrades to ‘neutral’ in cautious review of European property sector
The US bank also reduced its target price for Hammerson to 410p, down from 610p previously, with the shares currently trading at 344.80p, 3.7% below Friday’s close
Investments and investor services
FTSE 100 nudges lower at close as China growth worries hit stocks
The UK's blue-chip index finished down nearly seven points at 6,96, while FTSE 250 was also lower
Intu Properties and Capital & Regional picked to click by Berenberg
Berenberg goes against the trend by naming Intu as its top pick in the sector
Capital & Regional defies the national trend with increased footfall
"The combination of strong lettings progress, which has driven increased like-for-like rental income, as well as growth in footfall ... all illustrate the resilience of the high quality convenient 'needs' focussed community shopping centres
FTSE 100 closes in the red as miners weigh and wage growth disappoints
The blue-chip index of leading shares closed down almost 31 points at 7,611
Archive
Will latest UK employment, average earnings data justify recent Bank of England interest rate rise?
Aside from the UK data, the Day Ahead includes first-half numbers from blue-chip miner Antofagasta and from mid-cap insurer esure - which revealed a surprise bid approach on Monday
Archive
Heatwave should provide a lift for BBQ and garden products at retailer Kingfisher
Aside from the DIY retailer's numbers, the Week Ahead diary includes updates from miner Antofagasta, and motor insurers Admiral and esure, plus a raft of key UK data
Capital & Regional focused on needs-based retail as times change
“The headlines are not great, but we need to get the message across that all retail is not bad”