About > Our Journey
2024
After the closure of 3 Wilko units across our portfolio we were able to release them to B&M within 8 months.
Opening of Cranbrook Walk
Opening of Cranbrook Walk
2024
Opening of phase 2 at the Mall Wood Green NHS Community Diagnostic Centre
Opening of phase 1 AT Exchange Ilford 20,000 sq ft NHS
Repositioning of previous WH Smith stores into WingStop, Wendys and Pure Gym
Opening of phase 1 AT Exchange Ilford 20,000 sq ft NHS
Repositioning of previous WH Smith stores into WingStop, Wendys and Pure Gym
2023
$40m acquisition of Gyle Shopping Centre in Edinburgh
Sale of the Mall, Luton,
Sale of Redditch
Sale of the Mall, Luton,
Sale of Redditch
2023
Opening of CRATE food Hall in Walthamstow
Opening of Bridgelink food space in Wood Green
Opening of Bridgelink food space in Wood Green
2023
Construction commenced for new 20,000 sq ft NHS at Exchange Ilford
Relocation of TK Maxx at Exchange Ilford and opening in November, 2023
Relocation of TK Maxx at Exchange Ilford and opening in November, 2023
2022
Exchange and completion of Blackburn sale
Opening of NHS Community Diagnostic Centre in Wood Green
Opening of NHS Community Diagnostic Centre in Wood Green
2022
Completion of Walthamstow residential receipt and commencement of building
Opening of new Job centre at Exchange Ilford
Opening of new Job centre at Exchange Ilford
2021
Acquisition of Snozone Madrid
Rebrand of the Mall, Walthamstow to 17 & Central
Rebrand of the Mall, Walthamstow to 17 & Central
2021
The exchange and completion of Maidstone House office sale to local authority at Mall, Maidstone
Opening of a new Lidl supermarket in Luton
Opening of a new Lidl supermarket in Luton
2020
Securing planning consent in Walthamstow to incorporate new station entrance to Victoria Line underground at the heart of our Walthamstow scheme
2020
Exchanged conditional contracts with Long Harbour to deliver 495 residential units as Build to Rent
Completed on the sale of vacant land in Wood Green to Aitch Group
Completed on the sale of vacant land in Wood Green to Aitch Group
2019
The Marlowes refurbishment
Converted 14,000 sq ft vacant unit on the first floor to a Pure Gym
Converted the previous BHS to a 14,000 sq ft Pure Gym and 23,000sq ft Matalan
Converted 14,000 sq ft vacant unit on the first floor to a Pure Gym
Converted the previous BHS to a 14,000 sq ft Pure Gym and 23,000sq ft Matalan
2018
Opening of Flagship family precinct in Ilford
Refurbishment of New guest facilities at The Marlowes, Exchange Ilford, and WoodGreen (£2.1m)
Refurbishment of New guest facilities at The Marlowes, Exchange Ilford, and WoodGreen (£2.1m)
2018
Repositioning and refurbishment of the Mall, Maidstone and Exchange Ilford
Opening of Lidl and The Gym at Walthamstow
Opening of Travel Lodge at The Mall Wood Green
Opening of Lidl and The Gym at Walthamstow
Opening of Travel Lodge at The Mall Wood Green
2017
The Buttermarket Centre, Ipswich is sold to the National Grid Pension Fund for a price of £54.7 million at an equivalent yield of 5.9%.
2017
The Exchange Centre, Ilford is acquired from Meyer Bergman.
2016
The Mall Camberley is sold to Surrey Heath Borough Council.
2016
The Marlowes centre in Hemel Hempstead is acquired.
2015
C&R and Drum Property Group acquire the Buttermarket Centre in Ipswich.
The group completes disposal of it's German portfolio.
The group completes disposal of it's German portfolio.
2015
Dramatic internal refurbishment of The Mall Walthamstow is completed and work begins on refurbishment works for The Mall Maidstone.
2014
C&R converts to a REIT on 31st December 2014. The REIT regime enables Capital & Regional to benefit from a zero corporation tax rate on qualifying property income and capital gains.
2014
Acquisition of the Mall units completed with C&R now owning 100% of The Mall Fund.
2014
After successful completion of major development works the Waterside centre in Lincoln is sold to Tesco Pension Fund for consideration of £46.0 million at net initial yield of 5.88%.
2014
Sale of Jaman Fields in Hemel Hempstead to Tesco Pension Fund is completed.
2013
The Great Northern Warehouse in Manchester is sold, facilitating the Group to repay its last element of on balance sheet debt.
2013
Sutton Coldfield and Uxbridge shopping centres are sold.
2013
The Groups sells its 11.9% stake in the X-Leisure Fund and its 50% interest in X-Leisure Limited to a subsidiary of Land Securities Group plc
2012
The Group sells its 50% stake in Xscape Braehead to joint venture partners Capital Shopping Centres
2012
The Junction Fund is sold to subsidiaries of Hammerson plc
The Mall sells Norwich shopping centre
2012
C&R and Oaktree Capital Management purchase the 1 million sq ft Kingfisher Shopping Centre in Redditch
2012
The Group acquires additional units in The Mall Unit Trust. Group stake increased to 20.15% in The Mall Fund.
2011
The Mall sells Barnsley and Middlesbrough shopping centres
2011
The Junction sells Porstmouth Retail Park
2011
The Group purchases Waterside Shopping Centre in the Cathedral city of Lincoln
2010
Sale of the Group's office premises at 10 Lower Grosvenor Place, London and adjoining Beeston Place property
2010
The Mall sells Aberdeen, Preston and Ilford shopping centres
X-Leisure sells Grants, Croydon and Fiveways, Birmingham
The Junction sells Aylesbury and Hull retail parks
2010
Sale of the Group's 30% interest in Manchester Arena
John Clare appointed Chairman
Acquisition of 30% share in Garigal Asset Management GmbH
John Clare appointed Chairman
Acquisition of 30% share in Garigal Asset Management GmbH
2010
The Mall sells four shopping centres at Falkirk, Gloucester, Romford and Southampton
Restructuring of Mall bonds and extension of fund life to 2017
Restructuring of Mall bonds and extension of fund life to 2017
2009
£69 million placing and open offer, with Parkdev as anchor investor
£50 million rights issue in X-Leisure, alongside refinancing of banking facilities
Creation of X-Leisure Limited joint venture with Hermes
£50 million rights issue in X-Leisure, alongside refinancing of banking facilities
Creation of X-Leisure Limited joint venture with Hermes
2009
£64 million rights issue in The Junction with AREA as anchor investor
The Mall sells Bexleyheath shopping centre
The Junction sells Aberdeen and Slough retail parks
The Mall sells Bexleyheath shopping centre
The Junction sells Aberdeen and Slough retail parks
2009
X-Leisure sells the O2 Centre, Finchley Road, London
Sale of the remaining interest in the Cardiff joint venture
Sale of the remaining interest in the Cardiff joint venture
2008
Hugh Scott-Barrett appointed Chief Executive
The Mall sells three shopping centres at Epsom, Edgware and Chester
£286 million rights issue in The Mall
Sale of 50% of the German portfolio
The Mall sells three shopping centres at Epsom, Edgware and Chester
£286 million rights issue in The Mall
Sale of 50% of the German portfolio
2008
Sale of 80% of the FIX UK portfolio
The Junction sells Great Western Retail Park, Templars Retail Park and St George's Retail Park
Sale of the CostCo unit at Cardiff
The Junction sells Great Western Retail Park, Templars Retail Park and St George's Retail Park
Sale of the CostCo unit at Cardiff
2007
Cardiff development gains final approvals
The Junction sells Blackpole Retail Park, Worcester
The Junction sells Blackpole Retail Park, Worcester
2007
Sale of Xscape Milton Keynes and Castleford to X-Leisure
Acquisition of portfolio of six FIX UK properties
X-Leisure sells Star City
Acquisition of portfolio of six FIX UK properties
X-Leisure sells Star City
2006
Further acquisitions in Germany for €379 million
Sale of Morfa Shopping Park, Swansea to The Junction
Junction sells four secondary retail parks for a combined total of £159.8 million
Sale of Morfa Shopping Park, Swansea to The Junction
Junction sells four secondary retail parks for a combined total of £159.8 million
2006
The Mall raises a further £375 million with Mall bond tap issue
Acquisition of 30% interest in Manchester Arena
Purchase of four shopping centres from Prudential for £537 million
The Mall sells two of the four centres acquired from Prudential.
Acquisition of 30% interest in Manchester Arena
Purchase of four shopping centres from Prudential for £537 million
The Mall sells two of the four centres acquired from Prudential.
2005
The Junction purchases the Kittybrewster Retail Park in Aberdeen
The Mall acquires Main Square Shopping Centre in Camberley, Surrey
The Mall acquires Main Square Shopping Centre in Camberley, Surrey
The Junction purchases Telford Forge Retail Park and Slough Retail Park
The Mall Fund refinances £1.06 billion of bank debt
The Mall Fund refinances £1.06 billion of bank debt
2005
Formation of a joint venture with the German property group Hahn AG, one of Germany's leading co-investing property asset managers
Establishment of €110 million portfolio of eight out of town retail centres
Establishment of €110 million portfolio of eight out of town retail centres
Purchase of the T3 trade park portfolio, comprising 23 trade parks and ten industrial estates
Subsale of the ten industrial estates from the T3 portfolio
Subsale of the ten industrial estates from the T3 portfolio
2004
Sale of Glasgow Fort Shopping Park
The Mall purchases Eastgate Shopping Centre, Gloucester and The Junction purchases the Courts unit at Thurrock
The Mall purchases Eastgate Shopping Centre, Gloucester and The Junction purchases the Courts unit at Thurrock
Establishment of the X-Leisure fund, formed from the combination of three existing funds previously managed by MWB, valued at £500 million
The Junction purchases The Great Western Retail Park, Glasgow and sells Cockhedge Shopping Park, Warrington
The Junction purchases The Great Western Retail Park, Glasgow and sells Cockhedge Shopping Park, Warrington
2003
Partnership with AWG in respect of the Great Northern leisure and commercial development in central Manchester
Acquisition of the fund management business of Marylebone Warwick Balfour
Acquisition of the fund management business of Marylebone Warwick Balfour
The Mall purchases the Grosvenor Centre, Chester
The Junction purchases a portfolio of retail parks from Kingfisher for £696 million
The Junction purchases a portfolio of retail parks from Kingfisher for £696 million
2002
Partnership established with Pillar Property to develop Glasgow's first major shopping park
The Junction acquires four retail parks for £145 million, in Stoke, Thurrock, Ipswich and Warrington
Construction commences on the second Xscape in Castleford, Leeds
2001
Formation of two new property funds with Morley Fund Management Ltd. The Mall Fund, focused on in-town covered shopping centres, initially comprises 11 shopping centres.
The Junction Fund, focused on major retail parks, comprises 11 parks
2000
New Board structure announced: Tom Chandos appointed Chairman and Martin Barber Chief Executive
Company name changed from Capital and Regional Properties plc to Capital & Regional plc
1999
Announced re-designed corporate logo and moved to new offices
Acquisition of The Ashley Shopping Centre, Epsom and St Andrew's Quay Retail Park, Hull
1998
Started construction of Xscape in Milton Keynes
Acquired Westway Shopping Park, Greenford
Acquired Westway Shopping Park, Greenford
Acquisition of The Pallasades Shopping Centre, Birmingham
2 for 7 Rights Issue of 21.8 million new ordinary shares at 280p per share
2 for 7 Rights Issue of 21.8 million new ordinary shares at 280p per share
1997
Agreement to acquire the 75.1% interest in Lanham PLC which Capital & Regional did not already own
Acquisition of shopping centre portfolio for £147 million including The Howgate Shopping Centre, The Sauchiehall Centre, The Alhambra Shopping Centre, Selbourne Walk and Liberty 2
1996
£75.6 million of acquisitions made during the year including Shopping City, Wood Green
£26 million Convertible Subordinated Unsecured Loan Stock Issue
1995
£50 million spent on UK acquisitions (including joint venture acquisitions)
Creation of joint venture partnerships with JLW Finance
Moved to the Official list of the London Stock Exchange
Creation of joint venture partnerships with JLW Finance
Moved to the Official list of the London Stock Exchange
1994
£51 million spent on UK acquisitions, including Eldon Garden Shopping Centre, Newcastle
Rights issue raising £25.3 million
Rights issue raising £25.3 million
1993
£42 million spent on UK acquisitions, including The Trinity Shopping Centre, Aberdeen
Four share issues raising £17.9 million
Four share issues raising £17.9 million
Second joint venture partnership with PDFM Limited
US Flotation of CenterPoint as a publicly traded Real Estate Investment Trust (REIT) through $126 million offering
US Flotation of CenterPoint as a publicly traded Real Estate Investment Trust (REIT) through $126 million offering
1992
£14 million spent on UK acquisitions
Creation of joint venture partnerships with Securum and PDFM Limited
Creation of joint venture partnerships with Securum and PDFM Limited
1991
Placing and Open Offer to shareholders raising £5.7 million
Creation of joint venture partnership with Charterhouse Bank
Creation of joint venture partnership with Charterhouse Bank
1988
Sold 60% of UK portfolio
1986
Capital and Regional Properties was floated on the Unlisted Securities Market of the London Stock Exchange
1983
Formation of USA subsidiary, CenterPoint Properties Corporation, Illinois
1979
Capital and Regional Properties was formed in 1979
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