Finance

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

By 2021-11-01T08:38:00

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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