Stuart Wetherly will step up from acting group finance director from 11 March 2019.
Shopping centre REIT attributes decline to “negative sentiment towards retail assets”.
REIT’s finance director to step down from the board this month, and, following a transition period, leave the shopping centre group later in the year.
Capital & Regional has reported 10.8% growth in its portfolio to £879.9m in the first half of the year
Capital & Regional executive director Ken Ford will step down from the board on 9 May
Capital & Regional has reported a 4.4m loss in its results for 2016
Lawrence Hutchings, managing director for Blackstone Australia, is joining Capital & Regional as chief executive
Home and garden retailer The Range is taking the former BHS store at the Kingfisher Shopping Centre .
Capital & Regional’s portfolio value rose slightly during 2016
Capital & Regional has agreed a £372.5m refinancing of its Mall shopping centres.
Capital & Regional has exchanged two long-term leases for its former BHS units at The Mall Blackburn and The Mall Walthamstow