Property manager sees no let-up in investment post-EU referendum

Property manager Capital and Regional has said there鈥檚 been no let-up in investment despite the Brexit vote.

The firm, which mainly owns shopping centres, insisted letting activity has remained strong, having made 27 new lettings this year, and has advanced plans for re-letting units previously occupied by BHS with 鈥渟trong new tenants improving the schemes鈥�.

It also said there has been 鈥減ositive leasing momentum鈥� since the referendum across its portfolio, with 29 permanent new leases or renewals exchanged or completed since 24 June.

Meanwhile, the firm is targeting the end of the year to submit planning for its Walthamstow scheme, a 92,000 sq ft extension to its The Mall shopping centre with over 400 residential units, and said discussions with its preferred development partner 鈥� housebuilder Barratt 鈥� are continuing.

It added that 鈥減re-letting momentum鈥� on the project has been maintained with offers received from 鈥渢wo major national operators鈥�.

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