Capital Shopping Centre’s shareholders were due to vote on two controversial deals with 20% shareholder Peel Group as EG went to press. The Association of British Insurers and Pirc had warned shareholders about potential conflicts of interest in the deals, which will see Trafford Centre owner CSC buy land from Peel Group in Spain and Scotland. CSC has said that Peel founder and CSC deputy chairman John Whittaker was not present in meetings at which the deal was discussed, and that there was no conflict of interest.
bridget.oconnell@estatesgazette.com
