C&R continues to invest in properties on its own account and in joint ventures. These ventures are strictly screened to ensure that we have the management capability and also to ensure that they do not fall within the fund investment criteria. Where there is a potential conflict of interest, the properties are offered first to the relevant fund.
Joint ventures and other interests
| Partners | C&R share | |
| Xscape Braehead, Glasgow | Capital Shopping Centres | 50% |
| Glasgow Fort | British Land | 50% |
| Manchester Arena | GE Real Estate | 30% |
| Capital Retail Park, Cardiff | PMG Estates Limited | 50% |
| Gt. Northern Warehouse, Manchester | - | 100% |
| Leisure World, Hemel Hempstead | - | 100% |
| SNO!zone, ski slope operator | - | 100% |
In addition to the assets businesses on the previous pages, which are held in the balance sheet at valuation, the Group has two earnings businesses which generate substantial income which is not available to many other property companies.