Capital & Regional PLC (LON:CAL) shares were in the red on Monday after a huge blaze tore through one of its shopping centres in East London.
The company said The Mall in Walthamstow has been evacuated as firefighters battle a fire that started early on Monday.
“Our immediate priority is site, customer and staff safety,” the group said in a statement.
“We will provide further information once the fire has been extinguished and we have fully assessed the situation.”
According to the London Fire Brigade, part of the roof of two-storey building was on fire.
Firefighters remain at the scene of the large fire at a shopping mall in #Walthamstow There are now 25 fire engines tackling the blaze © @alexandermilas https://t.co/IbEVilJqTu pic.twitter.com/oE1AtJNhGO— London Fire Brigade (@LondonFire) 22 July 2019
Capital & Regional owns six other shopping centres in Ilford, Luton, Maidstone, Wood Green, Blackburn and Hemel Hempstead,.
Shares fell 8% to 15p around noon.