Shopping activity boosts CSC's profits by 20m pounds sterling
Article Abstract:
Group pre-tax profits at Capital Shopping Centres, which controls eight malls in the UK, increased to 48.4 million pounds sterling in 1995, with the value of its portfolio rising to 1.26 billion pounds sterling. Its malls attracted 150 million shoppers, with numbers having been boosted by Sunday trading and extended opening hours. The company has seen the value of the MetroCentre, purchased in autumn 1995, rise through bringing in new tenants and reconfiguring space.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1996
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Ready, AiM, fire!
Article Abstract:
Many of the UK's smaller property companies are not in a position to undertake a Stock Market listing in order to raise funds. However, they may benefit from the new Alternative Investment Market (AiM). This replaces the Unlisted Securities Market, and is aimed at new, small companies. Its listing costs are cheaper than those for the full Stock Exchange, but it carries greater risks.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1995
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A Merry uplift for Chelsfield
Article Abstract:
The Merry Hill shopping mall in the West Midlands has been a financial success for Chelsfield, having recently been valued at 220 million pounds sterling. The company saw pre-tax profits triple in 1994 to 10.2 million pounds sterling, with net income rising 60%. It has invested 43 million pounds sterling over the last year to increase its stake in Merry Hill to 90%.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1995
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