UK shopping centre owner warns investors value unlikely to be realised from shares

Cooper-Sq-letting-brochure-

New Frontier Properties, the South-African listed property company that breached its debt covenants last year after the value of its UK shopping centres slumped, has warned shareholders that it is unlikely they will realise any value from their investments and that is therefore actively pursuing a delisting.

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

Due to the unprecedented challenge facing our industry at this time propertyweek.com will be entirely free to view to all users until 19 April. Register now to benefit from the following:

  • UNLIMITED access until 19 April
  • From 20 April, can still 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

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.

Registered users and subscribers SIGN IN here to continue