Capital & Regional, the co-investing retail and leisure property fund manager, suffered further portfolio value falls in August.

The company revealed today that its X-Leisure fund suffered the worst fall in value for the month, dropping 2.6% to £857m.

The Mall, the shopping centre fund, which had written down its value significantly earlier this year, only saw a 0.4% drop to £2.2bn.

The retail park fund, the Junction, saw a fall for the month of 2% to £962m.

The Junction is in the process of selling a number of retail parks in a bid to pay down debt from the fund.