By Frances Ivens2019-03-15T07:52:00
Source: Shutterstock/ Phongphan
Shares in Capital & Regional plummeted 11.6% on Thursday to 28.2p after reporting a cut in its dividend to 0.60p per share, down from 1.91p at the same time last year.
The retail company said its net rental income (NRI) remained flat last year – rising 0.6% to £51.9m - despite 20 company voluntary arrangements wiping £1.5m from NRI over the portfolio.
You must be logged in to continue
Try Property Week For Free to finish this article.
Sign up now for the following benefits:
To access this article TRY FOR FREE NOW
Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.
Registered users and subscribers SIGN IN here to continue
Site powered by Webvision Cloud