24th Dec 2010 10:45
RNS Number : 6004Y
Capital & Regional plc
24 December 2010
24 December 2010
CAPITAL & REGIONAL PLC:
THE GALLERIES SHOPPING CENTRE BRISTOL
Capital & Regional plc announces that the Mall Fund has exchanged contracts for the sale of The Galleries Shopping Centre Bristol to HSBC European Active Real Estate Trust for a price of £50.2m.
The sale price reflects a premium to the 30 September 2010 valuation.
Capital & Regional has an interest of 16.7% in the Mall Fund
Ends
For further information :
Capital & Regional:
Hugh Scott-Barrett, Chief Executive Tel: 020 7932 8000
Charles Staveley, Group Finance Director Tel: 020 7932 8000
Maitland:
Martin Leeburn/Emma Burdett Tel: 020 7379 5151
This information is provided by RNS
The company news service from the London Stock Exchange
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