11th Dec 2006 12:42
Capital & Regional plc11 December 2006 CAPITAL & REGIONAL PLC: VALUATION OF MALL, JUNCTION AND X-LEISURE FUNDS Capital & Regional plc, the co-investing property asset manager, today announcedthat the unit values of the Mall Limited Partnership, the Junction LimitedPartnership and the X-Leisure Limited Partnership as at 30 November 2006 were asfollows: Unit Unit Growth Valuation value at value at Underlying in unit Units C&R of 30 Nov 31 Dec valuation value owned percentage properties 2006 2005 change % (geared) by C&R of fund Mall Fund £3,081,336,976 £2.4401 £2.0464 10.8% 19.2% 157,742,057 24.2%Junction Fund £1,552,043,789 £2.7476 £2.4904 8.5% 10.3% 85,000,000 27.3%X-Leisure Fund £791,150,000 £1.7509 £1.4050 11.1% 24.6% 22,846,559 10.6% Notes:The underlying valuation change shows the increase in the value of the portfolioas a percentage of opening value adjusted for additions and disposals, over theeleven months. The growth in unit value reflects growth in the capital value of the fund overthe eleven months. In addition investors benefit from quarterly distributions ofnet income and periodic capital distributions. The small reduction in unit value in the Mall Fund is due to a capitaldistribution in November to Mall Limited Partnership unit holders of £0.017 perunit. In the month investors in the Junction Limited Partnership received a capitaldistribution of £0.019 per unit. - ENDS - For further information: Capital & Regional:Martin Barber, Chief Executive Tel. 020 7932 8121William Sunnucks, Group Finance Director Tel. 020 7932 8011 MaitlandMartin Leeburn Tel: 020 7379 5151Emma 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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