Shopping Centres
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Nov- 2018 -29 November
Whittaker-led consortium abandons £2.8bn Intu offer
John Whittaker’s consortium has decided to scrap its bid to acquire Intu Properties following three extensions blaming the “uncertainty around…
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26 November
Mike Ashley vows to pull 17 stores from Intu Properties
Sports Direct owner Mike Ashley has vowed to close all his stores located in Intu shopping centres following a rent…
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21 November
London Designer Outlet launches store-to-door delivery service
London Designer Outlet (LDO) at Wembley Park has become the first UK shopping centre to offer Dropit, the app-based, store-to-door…
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16 November
British Land records £42m net loss as retail market ‘remains challenging’
British Land has reported a net loss of £42m in the first half of the year, attributed to the “challenging”…
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14 November
Intu gives consortium another extension to consider £2.9bn deal
Intu properties has given the consortium led by John Whittaker a second extension allowing them to consider making a £2.9bn…
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12 November
Footfall drops for 11th consecutive month
Footfall in October fell by 2% on the previous year, an identical fall to that recorded in October 2017 and…
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Oct- 2018 -31 October
Intu gives Whittaker-led consortium two week extension to consider takeover bid
Intu properties has given a consortium, led by deputy chairman John Whittaker, a two week extension to make a firm…
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23 October
Intu sees property value drop amid ‘challenging’ period for UK retailers
Shopping centre owner Intu, has revealed its property value has dropped by 3% since the 1 July amid a “period…
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19 October
Westfield London named UK’s top shopping centre
Westfield London has been named the UK’s best performing shopping centre according to new research. The research by GlobalData also…
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5 October
Intu deputy chairman considers takeover bid
John Whittaker, the deputy chairman of Intu, is believed to be considering a £2bn deal to take over the shopping…
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