A joint venture company through affiliates of intu properties plc (‘intu’) and Canada Pension Plan Investment Board has exchanged contracts to sell intu Asturias shopping centre to the ECE European Prime Shopping Centre Fund II for €290.0 million (intu share €145.0 million).

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, the largest owner and manager of prime shopping centres in the UK, announces that Barbara Gibbes will become interim chief financial officer with effect from 29 April 2019.

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. 

Intu Properties plc changes management structure following the retirement of Mike Butterworth, chief operating officer.

International property group Intu Properties announces the launch of a GBP350m 16-year bond.

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.

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.