Rental income flat at Capital & Regional as NAV falls 11%

The Mall Walthamstow

Capital & Regional 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.

However, net asset value per share fell 11% to 60p with the value of the wholly-owned portfolio at 30 December 2018 stood at £855.2m, reflecting a net initial yield of 6.23%. 

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article

Registration includes the following benefits:

  • Access up to four FREE articles per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.

Registered users and subscribers SIGN IN here to continue