Capital & Regional plc is a large British

United Kingdom

The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

 manager of property assets - mainly shopping centres - for funds in which it has a significant stake.

History

The company was founded in 1979 as Capital & Regional Properties. It was floated on the Unlisted Securities Market

Unlisted Securities Market

The Unlisted Securities Market , which ran from 1980 to 1996, was a stock exchange set up by the London Stock Exchange to cater for companies too small to qualify for a full listing....

 in 1986. In 1993 it acquired the Trinity Shopping Centre in Aberdeen

Aberdeen

Aberdeen is Scotland's third most populous city, one of Scotland's 32 local government council areas and the United Kingdom's 25th most populous city, with an official population estimate of ....

 and in 1994 the Eldon Garden Shopping Centre in Newcastle upon Tyne

Newcastle upon Tyne

Newcastle upon Tyne is a city and metropolitan borough of Tyne and Wear, in North East England. Historically a part of Northumberland, it is situated on the north bank of the River Tyne...

. In 1997 it went on to buy the Sauchiehall Shopping Centre in Glasgow

Glasgow

Glasgow is the largest city in Scotland and third most populous in the United Kingdom. The city is situated on the River Clyde in the country's west central lowlands...

 and in 1998 the Pallasades Shopping Centre

Pallasades Shopping Centre

The Pallasades is a shopping centre located in Birmingham, England opned in 1971. The centre was built as part of the reconstruction of Birmingham New Street railway station, and was formerly known as Birmingham Shopping Centre...

 in Birmingham

Birmingham

Birmingham is a city and metropolitan borough in the West Midlands of England. It is the most populous British city outside the capital London, with a population of 1,036,900 , and lies at the heart of the West Midlands conurbation, the second most populous urban area in the United Kingdom with a...

. In 2001 it established the Mall Fund and the Junction Fund with Morley Fund Management

Morley Fund Management

Aviva Investors is an asset management company and is part of the Aviva group. It has global assets under management of over £235 billion, including:...

. In 2008 the company commenced negotiations for extra funding for the Mall Fund.

Structure

The company has two divisions:

• Earnings business - property management
• Assets business - fund investing