Intu

Intu slashes 46 head office roles

Intu has slashed 46 roles across its London head offices, following its collapse into administration at the end of June.…

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John Whittaker steps downs as Intu chairman

John Whittaker has reportedly stepped down from his role as chairman of embattled shopping centre owner Intu. According to Property…

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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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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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Intu continues disposals by offloading Spanish shopping centre

Shopping centre owner Intu has offloaded its  second Spanish shopping centre as it attempts to fix its balance sheet. The…

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Intu sells Sprucefield Retail Park in £40m deal to NewRiver

Shopping centre owner Intu has announced the sale of its Sprucefield Retail Park to real estate investment trust NewRiver in…

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Intu submits plans for £168m face-lift at Lakeside centre

Shopping centre operator Intu has submitted plans to Thurrock Council for a £168m development of its Lakeside centre. The proposal…

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Intu reports 7% drop in rental income amid ‘challenging’ first half

Shopping centre owner Intu has reported a 7.7% decrease in net rental income during a “challenging” first half of the…

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Intu appoints new CFO

Intu has appointed Robert Allen as it new chief financial officer with effect from Monday, 10 June 2019. Allen served…

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Kuwait-based investors acquire 50% stake of Intu Derby

Intu properties and Cale Street Investments LP, an investment firm backed by the Kuwait Investment Office, London, have announced the…

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