Capital & Regional (CAL)

Sector:

Real Estate

Index:

FTSE Small Cap

62.80p
   
  • Change Today:
    -0.40p
  • 52 Week High: 71.40p
  • 52 Week Low: 49.20p
  • Currency: UK Pounds
  • Shares Issued: 233.00m
  • Volume: 69,459
  • Market Cap: £146.32m
  • RiskGrade: 438

Capital & Regional gets approval to expand Walthamstow mall

By Sean Farrell

Date: Tuesday 28 Aug 2018

LONDON (ShareCast) - (Sharecast News) - Capital & Regional has received formal approval for its plan to extend and develop a shopping centre in the London suburb of Walthamstow.


The in-town shopping centre operator said it would add 86,000 sq ft to the Mall precinct and build up to 500 new homes, including affordable housing.

Work on the project is scheduled to start in 2020 and will build on an already completed refurbishment of the shopping centre and the arrival of new tenants such as Lidl and Pret a Manger. Brands have been attracted by affordable retail space and above average footfall, the company said.

The development will include a new entrance from the Mall to Walthamstow Central station and an improved town square with a children's play area and family facilities.

Walthamstow in North East London has gentrified rapidly over the past decade as families have moved there from more central boroughs such as Islington and Hackney. Capital & Regional owns seven shopping centres, specialising in sites it believes are central to its catchment area and provide essential goods and services to the population.

Chief executive Lawrence Hutchings said: "We have tailored the mix of homes, leisure uses, services and amenities to meet the needs of the local community...All of this will ensure Walthamstow remains a vibrant neighbourhood for generations to come, underpinning the resilience of the Mall, our positive footfall growth and, ultimately, our income profile."

Capital & Regional shares rose 1.2% to 46.5p at 0925 BST.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

CAL Market Data

Currency UK Pounds
Share Price 62.80p
Change Today -0.40p
% Change -0.63 %
52 Week High 71.40p
52 Week Low 49.20p
Volume 69,459
Shares Issued 233.00m
Market Cap £146.32m
RiskGrade 438

CAL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
84.47% above the market average84.47% above the market average84.47% above the market average84.47% above the market average84.47% above the market average
89.47% above the sector average89.47% above the sector average89.47% above the sector average89.47% above the sector average89.47% above the sector average
Price Trend
75.79% above the market average75.79% above the market average75.79% above the market average75.79% above the market average75.79% above the market average
85.37% above the sector average85.37% above the sector average85.37% above the sector average85.37% above the sector average85.37% above the sector average
Income
94.11% above the market average94.11% above the market average94.11% above the market average94.11% above the market average94.11% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
91.07% below the market average91.07% below the market average91.07% below the market average91.07% below the market average91.07% below the market average
83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 0
Sell 0
Strong Sell 0
Total 4
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

CAL Dividends

  Latest Previous
  Interim Final
Ex-Div 05-Sep-24 11-Apr-24
Paid 27-Sep-24 07-Jun-24
Amount 2.85p 2.95p

Trades for 31-Oct-2024

Time Volume / Share Price
16:35 22,786 @ 62.80p
16:35 3,022 @ 62.80p
16:35 8,481 @ 62.80p
16:35 10,000 @ 62.80p
16:35 1,283 @ 62.80p

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