Retail landlord brushes off BHS/Brexit
Shopping centre landlord Capital & Regional (CAL) expects a positive second half of the year despite the vote to leave the European Union and the collapse of BHS.
Shares moved 3.4% higher to 60.5p in early trading before falling back to 59.3p as management backed-up their bullish stance by recommending an 8% rise in the interim dividend to 1.62p.
This follows a strong first half for the ...