24th Aug 2006 07:00
Capital & Regional plc24 August 2006 24 August 2006 CAPITAL & REGIONAL PLC: HABITAT JOINS LINE UP AT X-LEISURE'S O2 CENTRE Capital & Regional plc, the co-investing property asset manager, today announcesthat X-Leisure has let 11,500 sq ft to the UK's leading furniture retailerHabitat. The store is expected to open later this year. Habitat is relocating from its existing unit 300 yards away on the FinchleyRoad. X-Leisure had created the large store through a reconfiguration of spacepreviously occupied by Pizza Hut and Old Orleans from whom surrenders weretaken. The O2 Centre is a pre-eminent family destination with a comprehensive retailand leisure offer including Sainsbury's, Homebase, Books etc, Starbucks, VueCinema, Esporta & Gymboree Play and Music. Restaurants and bars located at theO2 Centre compliment this family-friendly mix, comprising Nandos, Walkabout,China Red, Yo Sushi, Zucatto, Cumin, Fine Burger & Wetherspoons. PY Gerbeau, Chief Executive of X-Leisure comments: "Habitat is a fantasticaddition to the tenant mix at the O2 Centre and another success in our strategyto add vibrancy and diversity to our retail offer. The deal underlines the O2Centre as one of the UK's premier family retail and entertainments destinationsin the UK. 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 About X-Leisure X-Leisure is the UK's fastest growing premier leisure brand, with 23 majorleisure destinations around the UK including the award-winning Xscapeattractions at Milton Keynes, Castleford Leeds, and the new Xscape BraeheadGlasgow. Other prestigious destinations within the portfolio include BrightonMarina, 02 Centre London and West India Quay, London Docklands. With a passion for providing the very best and most innovative family leisureand entertainment attractions, they are behind the UK's largest indoor realsnowslopes (Milton Keynes, Castleford Leeds and Braehead). More than 45 millionpeople visitedX-Leisure attractions last year enjoying a wide range of facilities frombowling, cinema and casinos to waterparks and extreme sports. For further information see: http://www.x-leisure.co.uk/ - ENDS - For further information: Capital & Regional:William Sunnucks, Finance Director Tel: 020 7932 8101 Redwood Consulting:Paul Haines/Clare Duffy/Debbie Cracknell Tel: 020 7828 5553 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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