Monday, 25 November 2019 17:16

Disposal of Sprucefield Retail Park

Intu Properties plc (‘intu’) has exchanged contracts for the sale of Sprucefield Retail Park to NewRiver REIT Plc for £40 million, in line with the June 2019 valuation.

Matthew Roberts, intu Chief Executive, commented: “The first half of 2019 has been challenging for intu.

Intu is pleased to announce that Robert Allen has been appointed as intu’s Chief Financial Officer with effect from Monday, 10 June 2019.

Intu properties plc (‘intu’) and Cale Street Investments LP (‘Cale Street’), an investment firm.

Intu, the largest owner and manager of prime shopping centres in the UK, is pleased to announce the appointment of Matthew Roberts as Chief Executive with effect from Monday 29 April 2019. 

On 4 October 2018 a consortium comprising the Peel Group (‘Peel’), the Olayan Group and Brookfield Property Group (together the ‘Consortium’) announced they were in the preliminary stages of considering a possible cash offer for intu.

France’s Unibail-Rodamco is Europe’s largest commercial landlord and is now expected to become the world’s largest shopping centre operator with its bid to buy Australian-listed retail property empire Westfields.

According to Catalyst Fund Managers, the SA Listed Property Index (SAPY) recorded a negative total return (-6.12%) for the month ended 31 December 2015.

Monday, 07 September 2015 14:24

Intu Properties announce Director resignation

Intu Properties plc announces that Mike Butterworth, Chief Operating Officer, has indicated his intention to retire on 31 December 2015.

Most Popular

University of Fort Hare construction resumes

Jun 18, 2020
Construction of UFH Student Housing
Following two months of hard lockdown, the development of a 2 047-bed student village at…

SA property prospects as we look beyond COVID-19 lockdowns

Jun 11, 2020
John Loos FNB Property Economist
“The COVID-19 Crisis has changed the world a lot, perhaps less through introducing new…

Estate Agency Affairs Board to re-open its doors this month

Jun 13, 2020
Mamodupi Mohlala
The Estate Agency Affairs Board (EAAB) will re-open its Sandton, Johannesburg offices…

Grit to improve liquidity, save costs through proposed JSE de-listing

Jun 11, 2020
Bronwyn Corbett Grit
London Stock Exchange listed Grit announced its intention to de-list from the JSE.

Redefine’s European logistics platform set to expand its footprint in Poland

Jun 17, 2020
Andrew Konig CEO Redefine
JSE listed diversified real estate investment trust Redefine Properties (JSE: RDF) along…

Please publish modules in offcanvas position.