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.

Most Popular

Attacq sees success with high-rise development The Mix

Sep 22, 2021
Giles_Pendleton_Attacq
Waterfall’s latest high-rise residential development, The Mix Waterfall, is approaching…

When can I cancel an Offer to Purchase?

Sep 22, 2021
News_from_Rawson_Property_Group
There’s nothing more exciting (or nerve-wracking) than submitting an Offer to Purchase on…

Serviced office space provider The Business Exchange opens in Cape Town

Sep 21, 2021
TBE_Cape_Town2
Serviced office space provider The Business Exchange (TBE) has extended operations and is…

Interest rates still on hold but scales start tipping towards a hike

Sep 23, 2021
Carmen_Nel_Matrix_Fund_Managers
The SARB Monetary Policy Committee (MPC) decided to keep the repo rate unchanged at 3.5%…

Please publish modules in offcanvas position.