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.