Capital & Regional has announced a 8.6% increase in adjusted profit to £29.1m and a 7.4% increase in total dividend for 2017.
The UK shopping centre REIT’s chief executive, Lawrence Hutchings, said that while the board is “fully aware that recent occupier failures present some challenges to short term results, believes that both the momentum we have carried through into 2018 and our strategic asset management masterplans, underpin our objective of delivering annual dividend growth in a range of 5% and 8% over the medium-term.”
More soon.
