Shopping Centres
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Jun- 2020 -29 June
Investors push for Trafford Centre sale
A Canadian investor is reportedly pushing for the sale of Intu’s Trafford Centre following Intu’s collapse, the Sunday Times has…
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26 June
Intu collapses into administration
Intu has officially called in administrators, after weeks of speculation that the group was on the brink of collapse. The…
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26 June
Intu admits appointment of administrators ‘likely’
Shopping centre owner Intu has admitted that it has so far failed in reaching standstill agreements with landlords and therefore…
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23 June
Intu braces for administration
Intu has placed administrators on standby as a “contingency plan” in the event that discussions with lenders fail. Reports that…
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8 June
Intu places KPMG on standby as administration threatens
Shopping centre owner Intu has reportedly placed KPMG on standby in case it falls into administration ahead of an important…
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Apr- 2020 -24 April
Hammerson’s £400m retail park disposal in doubt as Orion stalls
Hammerson has revealed its previously agreed £400m sale of seven of its retail parks has been put in doubt after…
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Mar- 2020 -30 March
Hammerson suspends dividend after collecting just 37% of Q2 rent
Shopping centre owner Hammerson has revealed it collected only 37% of its Q2 rent bill and has suspended its dividend…
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24 March
Westfield Stratford announces temporary closure amid coronavirus outbreak
Shopping centre Westfield Stratford City has announced it is “substantially closed” amid the outbreak of the Covid-19 outbreak. The shopping…
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13 March
Intu warns of its future amid £2bn loss
Shopping centre owner Intu has warned of its future if it cannot raise extra funds, after it reported a £2bn…
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4 March
Intu abandons £1bn equity raise plans
Intu revealed it has abandoned plans to raise between £1bn and £1.5bn in emergency cash, citing “current uncertainty” in the…
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