Statement re. Press Comment

RNS Number : 2505Q

Capital & Regional plc

07 April 2009

 



Capital & Regional plc

The Junction Fund Update

Capital & Regional plc, the co-investing property asset manager, confirms that The Junction Fund (in which Capital & Regional holds a 27.3% stake and is the property asset manager) is currently in discussions with potential equity investors as part of its plans to strengthen its financial position.

The Junction Fund is one of the UK's leading investors in retail parks and a recognised specialist in this sector of the property market. 

Progress also continues to be made on plans to provide long term stability to the X-Leisure Fund, in which Capital & Regional holds a 19.4% stake and is the property asset manager.

Further details will be provided on or before 24 April when Capital & Regional announces its 2008 results.

-ENDS-

For further information:

Capital & Regional	020 7932 8000
Charles Staveley, Finance Director
Maitland	020 7379 5151
Martin Leeburn
Emma Burdett

 

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