Ripley94
09 Sep 2019
Takeover potential? CAL… XXXX Another REIT, up today after news paper speculation about INTU.
rikid
12 Dec 2017
Takeover potential? Some big deals going down regarding shopping malls, are we to be taken over?
rikid
28 Sep 2017
Re: going no where Good reason to hold would be the 1.73p divi next week.
DangerHarry
15 Sep 2017
Re: going no where Agree. I sold long ago
KEEPING CALM MIKE
14 Sep 2017
going no where boring , going no where fast , any reasons to hold on, I cant see any ?? Any views , K.C.M.
Eggbaconandbubble
21 Feb 2017
Re: shares mag So much for Shares mag's tips. Suggest you ask for the cover price back!
Dingledangle
02 Oct 2015
Re: shares mag This is a sensible move away from retail. This strategy should pay off in the long term. Although I wouldn't be opposed to a takeover either.
forwardloop
02 Oct 2015
shares mag courtesy of alliance trustCapital’s leisure moveShopping centre owner to diversify interests in pre-emptive moveMark DunneShopping centre investor and manager Capital & Regional (CAL) is working to protect its portfolio from the effects of another economic downturn by having greater diversification, principally adding more leisure outlets to its properties. The £470.9 million cap, which became a real estate investment trust (REIT) in January to help it access growth capital, owns six shopping centres and has interests in two further malls. Retail properties were hit hard following the financial crisis as several chains went bust, such as entertainment retailer HMV and clothing outlet Peacocks. Managing a £1 billion portfolio of such assets makes Capital & Regional vulnerable to another downturn, but it is looking to avert such a crisis by altering the tenant mix within its centres to include gyms, restaurants or hotels. One example is its property in Ipswich, which is being turned into what management describe as a ‘cinema-led, restaurant-supported retail-leisure hybrid’. ‘The shopping centre of tomorrow is going to look a very different animal in the sense that the amount of non-retail is growing significantly,’ chief executive Hugh Scott-Barrett tells Shares. The new strategy is the result of leisure not being seen as discretionary as people prioritise leisure spend over retail, management claim. Capital & Regional is even planning to diversify into residential. The expansion of its shopping centre in Walthamstow, London includes an opportunity for a residential development. The REIT is forecast to pay 2.9p dividend a share in 2015, according to Numis, equal to a 4.3% yield at the current share price of 67p. Shares says:BUY "Sound asset management strengthens Capital & Regional’s defensive characteristics."
KEEPING CALM MIKE
30 Sep 2015
stake building Louis Norval and Directors are buying big chunks of stock .There could be a move on the company !!!
mcescher
29 Jul 2015
CAL vs MKLW comparison This infographic compares Capital & Regional and A&J Mucklow Group plc, they have details on valuation etc. [link]
KEEPING CALM MIKE
22 May 2015
BIG BUYS DIRECTORS BIG BUYS THIS WEEK, over 800,000 shares !!! Must be some forward confidence
Dingledangle
04 Mar 2015
Re: Share price Nice rise today and more to come. Nav now at 60p and 2.9p div for 2015.
M1keG
04 Feb 2015
Re: Share price Anybody know if the next dividend is already covered by the REIT conversion i.e. we have to cough up the tax or is still under the pre REIT conditions?Taken longer than I expected but at least we have more than doubled our money in last 4-5 years. Lets hope the next uplift happens quite quickly.
Dingledangle
04 Feb 2015
Re: Share price or possibly in anticipation of an increase in the dividend.
M1keG
03 Feb 2015
Share price Has somebody just had a sneak peek at the new mall valuation?Already overdue!
