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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.

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.

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.

The number of beds listed by online home rental services like Airbnb in Spain surpasses the number on offer by hotels last year.

The number of beds listed by online home rental services like Airbnb in Spain surpasses the number on offer by hotels last year.

Intu Properties Plc and Canada Pension Plan Investment Board announce creation of a joint venture to jointly own Puerto Venecia Shopping Centre

Intu Properties plc enters into a deal that will see it acquire Puerto Venecia shopping centre and retail park in Zaragoza‚ Spain for €451m‚ announces company.

Intu and Canada Pension Plan Investment Board announce a partnership agreement to acquire Parque Principado Shopping Centre.

Pam Golding Properties has plans to market high quality, investment yielding residential property in prime locations in Spain

Spain says it will invest EUR2.4bn over the next three years to help the poor gain access to rental housing and renovate buildings to boost stricken construction sector.

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