CapReg points to improved rent collection ahead of investor vote on debt plan

The Mall Luton

Capital and Regional has told investors it has continued to improve operational performance across its regional shopping centre portfolio ahead of a general meeting to seek approval for the group’s open offer and debt restructuring proposals.

The group now has agreements or rent payment plans with 88% of tenants for the year to date and is confident rent collection will ultimately grow beyond the 90%.

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