UK property asset manager Capital & Regional said on Friday that its Mall fund is seeking to raise £286mln (EUR 363mln) in new equity at a price of 101 pence per unit from existing investors. This represents a discount of 45% to the April unit price, Cap & Reg said in a statement. It added that a meeting of unit holders would be held on 5 June to approve the open offer with the last date for applications to participate being 19 June.
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