 | |
| Company type | Public |
|---|---|
| LSE: CAL | |
| Industry | Property |
| Founded | 1979 |
| Headquarters | London, UK |
Key people | Hugh Scott-Barrett, Chairman Lawrence Hutchings, CEO |
| Revenue |  £59.0 million (2023) [1] |
 £9.5 million (2023) [1] | |
| £3.7 million (2023) [1] | |
| Website | www.capreg.com |
Capital & Regional plc is a large British manager of property assets - mainly shopping centres - for funds in which it has a significant stake.
The company was founded in 1979 as Capital & Regional Properties. It was floated on the Unlisted Securities Market in 1986. In 1993 it acquired the Trinity Shopping Centre in Aberdeen [2] and in 1994 the Eldon Garden Shopping Centre in Newcastle upon Tyne. [3] In 1997 it went on to buy the Sauchiehall Shopping Centre in Glasgow [4] and in 1998 the Pallasades Shopping Centre in Birmingham. [5]
In 2001 it established the Mall Fund and the Junction Fund with Morley Fund Management and in 2008 the company commenced negotiations for extra funding for the Mall Fund. [6]
In September 2024, the company accepted a takeover offer from NewRiver worth £147 million. [7] This transaction was completed three months later. [8]
The company has two divisions:
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