Tweet Facebook

Article info

11/04/2011

CSC extends and refurbishes

Capital Shopping Centres (CSC) is looking to extend and refurbish three of its shopping centres. Patrick Burgess, chairman, said the…

Capital Shopping Centres (CSC) is looking to extend and refurbish three of its shopping centres. Patrick Burgess, chairman, said the company had 1.4m sq ft of identified extension opportunities at existing centres – an equivalent amount to a new major regional shopping centre.

He said extensions to existing prime locations carried attractive returns at lower risk. “In each case, regional planning policies are progressing broadly in line with CSC’s objectives and we anticipate that planning applications will be submitted for two of the three during 2011.” Burgess said CSC estimated, following a review by DTZ, £170-175m of development profit from the three projects. CSC now owns 14 centres including 10 of the UK’s top 25 and four of the UK’s top six out-of-town.

to top

Comment

The latest

Specialist service sparks business growth for Darlington company

Darlington-based Stone Technical Services has become one of the UK leaders in the specialist field of lightning protection after securing a number of new contracts and thanks to being one of the most accredited in the specialist area

News | 14/05/2012

French Connection to shed stores

Clothing retailer French Connection is set to close 14 of its UK stores. Shops to close include high profile shopping…

News | 01/05/2012

Kent’s county town and business capital

Maidstone is the administrative and commercial centre of Kent. It is also the county town. Yet Maidstone’s excellent location and communications links, coupled to a readily available supply of quality office space mean that it’s true potential remains untapped

News | 06/03/2012