Capital Shopping Centres yesterday announced it has submitted a planning application to extend the Lakeside shopping centre in Thurrock, in a £180m scheme that would add 325,000 sq ft to the centre, increasing its size by nearly a third. The ... Read more
As the market digests the Ernst & Young Item Club’s gloomy predictions this week for UK retailers, Capital Shopping Centres today said it expected the rest of 2011 to remain tough. However, the listed shopping mall specialist said trading had ... Read more
Simon Property Group has walked away from a bid for Capital Shopping Centres. The UK shopping mall group had refused to allow it to conduct due diligence on its books, which Simon had made a precondition of any formal offer. Simon, which has a ... Read more
Capital Shopping Centres has confirmed that it is in advanced talks with Peel Group about buying the Trafford Centre near Manchester. If the deal is agreed, it would imply a £1.6bn purchase price for the shopping centre, which has 1.9m sq ft of ... Read more
Capital Shopping Centres today said it had made good progress since its interim results in August, saying its relationships with major retailers and its understanding of their retail space requirements had enabled the group to conclude a ... Read more
Capital Shopping Centres today posted a 9% rise in NAV for the first half of the year, helped by a 6% increase in the value of its investment properties. Chairman Patrick Burgess said: “We are now looking to drive growth in net rental income from ... Read more
