21st Feb 2008 11:30
Capital & Regional plc21 February 2008 21 February 2008 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 31 January 2008 were as follows: Valuation of Unit value Unit value at Underlying Change in Units owned C&R Unit value properties at 31 December valuation unit value by C&R percentage at 31 31 January 2007 change % (geared) of fund January 2008 YTD YTD 2008 (incl MTM) (1) (2) (3)Mall Fund £2,956,389,208 £1.9719 £2.0642 (2.0)% (4.5)% 157,742,057 24.2% £1.9797Junction £1,217,247,184 £1.8129 £1.8704 (0.5)% (3.1)% 85,000,000 27.3% £1.8367FundX-Leisure £942,100,000 £1.6594 £1.6775 (0.6)% (1.0)% 51,899,578 19.4%Fund Notes: (1) The underlying valuation change shows the increase/(decrease) in thevalue of the portfolio as a percentage of opening value adjusted for additionsand disposals, over the month. (2) The change in unit value reflects the movement in the capital value(excluding the impact of debt mark to market adjustments) of the fund over themonth. Investors separately benefit from quarterly distributions of net incomeand periodic capital distributions. (3) MTM - mark to market unit value including the surplus on revaluation ofinterest rate swaps and fixed interest debt. - ENDS - For further information: Capital & Regional: Martin Barber, Chief Executive Tel: 020 7932 8101William Sunnucks, Group Finance Director Tel: 020 7932 8125 Maitland Martin 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:
Capital & Regional