1st Apr 2008 15:05
Capital & Regional plc01 April 2008 1 April 2008 CAPITAL & REGIONAL PLC: JUNCTION FUND COMPLETES DISPOSAL OF GREAT WESTERN RETAIL PARK IN GLASGOW Capital & Regional plc, the co-investing property asset manager, today announcesthat its Junction Fund has completed the sale of Great Western Retail Park inGlasgow to Resolution Properties for £58.5million. The cash consideration wasreceived on 20 March 2008. This sale brings The Junction Fund's property disposals within the last 12months, including bulky goods schemes in Worcester and Wembley, to a total of£180m. - ENDS - Notes to editors: About Capital & Regional plc Capital & Regional is the co-investing asset manager which specialises in towncentre shopping centres, out of town retail parks, and urban entertainmentcomplexes. Capital & Regional founded the Mall and Junction Funds in conjunction withMorley Fund Management. It also founded the X-Leisure fund with HermesInvestment Management Limited, and has a number of other joint ventures anddevelopments. Its shares are quoted on the London Stock Exchange. For further information see www.capreg.com - ENDS - For further information: Capital & Regional:John Gatley Tel: 020 7932 8000 MaitlandMartin Leeburn or Emma Burdett Tel: 020 7379 5151 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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