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

Amid stagnant economic growth, UK-focused Intu Properties has been repositioning itself and will be substantially better placed in the market 'as and when the economy picks up', according to management.

JSE-listed Intu Properties’ share price fell 2.12% to trade at R49.87 by 3pm on Thursday after the UK property company reported an unchanged 5p interim dividend per share for the six months ended June and a 2.9% drop in like-for-like net rental income.

Wednesday, 08 May 2013 20:55

Intu Properties occupancy rates unchanged

Intu Properties plc says the UK retail environment remains difficult with retailers continuing to be cautious in entering into store commitments.

Monday, 18 March 2013 05:01

UK's Intu Properties in recovery play

The share price of Intu Properties, the UK’s biggest mall owner, has been under pressure in recent weeks, creating a buying opportunity for investors looking for offshore diversification.

Intu Properties plc announces a GBP800m debut bond issue for Intu Finance plc‚ the company’s new secured group structure.

Rebranding of JSE-listed Intu Properties 'takes us a notch ahead of our UK competition', says CE David Fischel
 

South African investors have the opportunity to subscribe for up to half GBP300m that is raised through a share placement by UK-shopping centre group Intu Properties.

Thursday, 28 February 2013 06:21

Intu establishes new vehicle for issuing debt

Intu Propertes (ITU) - formerly Capital Shopping Centres (CSO) - has established a new debt funding platform - a special purpose vehicle for issuing investment grade secured debt.

Intu Properties (ITU) - formerly Capital Shopping Centres - confirmed it is in advanced discussions to acquire Midsummer Place Shopping Centre in Milton Keynes from Legal & General property.

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