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Intu properties plc (‘intu’) announces that it has exchanged and completed contracts with entities of the Ivanhoé Cambridge Group to acquire Xanadú shopping centre in Madrid, Spain, along with its associated management company and the SnowZone operating company, for a total cash consideration of €530 million, before working capital and other adjustments.
Intu Properties Q3 trading update for period 1 July 2016 to 25 October 2016.
Properties grows its earnings per share 10% in the six months to June, despite concerns over the strength of the British consumer and downward pressure on UK property prices.
Intu properties plc announces that it has exchanged contracts with the Queensland Investment Corporation to acquire the remaining 50 per cent of the Merry Hill estate for £410 million before expenses.
Property group Intu confirms a Thursday report in a regional newspaper that it is in talks to acquire half of a shopping centre near Birmingham it does not own for GBP410m.
Intu Properties plc changes management structure following the retirement of Mike Butterworth, chief operating officer.
Intu Properties plc announces that Mike Butterworth, Chief Operating Officer, has indicated his intention to retire on 31 December 2015.
JSE’s largest real estate investment trust‚ Intu Properties‚ records 6% growth in earnings a share over the first six months of this year‚ pleasing the market.
Intu Properties has recorded a strong first half with 6 per cent growth in underlying earnings per share for the six months ended 30 June 2015.
Intu Properties Plc and Canada Pension Plan Investment Board announce creation of a joint venture to jointly own Puerto Venecia Shopping Centre