Capital & Regional to Sell U.K. Retail Parks, Sunday Times Says

Capital & Regional Plc (CAL) will probably sell The Junction, which owns out-of-town shopping parks in the U.K., the Sunday Times reported.

Cushman & Wakefield Inc. and Morgan Stanley (MS) may advise on the deal, which could be worth more than 300 million pounds ($476 million), the newspaper said, without saying how it obtained the information.

To contact the reporter on this story: Mathew Carr in London at m.carr@bloomberg.net

To contact the editor responsible for this story: Lars Paulsson at lpaulsson@bloomberg.net

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