Solid occupier demand and capex programme cited as key drivers
Gerry Murphy is also a non-exec at Currys
New auditor requests more time to review figures but CEO says REIT had “year of progress”
A £25m share offer to buy Edinburgh’s Gyle shopping centre was largely taken by Growthpoint
Shopping centre REIT reports 19% increase in profit, largely thanks to 42 new lettings and renewals
Wells Fargo sold the 900,000 sq ft shopping centre after taking control from Capital & Regional
“It has been a tough five years, but we don’t feel sorry for ourselves”
Net debt is now 40% of portfolio value, as opposed to the 72% it reached last year
Long Harbour will develop 495 BTR flats on the 17&Central site
Adhan has ambitious plans to create a £1bn retail portfolio by 2023
The shopping centre-focused REIT is planning to reinstate dividends
Shopping centre-focused REIT hails end of restructuring