Retail In brief South Africa

Capital & Regional up more than 5% on expected dividend

Property group Capital & Regional (CRP) jumped 5.77% to R16.50 on Thursday after saying it expects to declare a final dividend of at least 1.5p on March 4 when it releases its results for the year ended December.

It also announced a £35.5m acquisition of Marlowes Shopping Centre in Hemel Hempstead from Standard Life Investments.

Source: BDpro

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