Investor that torpedoed Intu’s survival hopes keen to flog Trafford Centre in quick sale By Daily Mail City & Finance Reporter Published: 21:53 BST, 28 June 2020 | Updated: 21:53 BST, 28 June 2020 The investor that torpedoed Intu’s survival hopes is keen to flog the Trafford Centre in a quick sale, according to reports. … Read more
Brexiteer Crispin Odey makes £75m by betting against failed shopping mall owner Intu Odey had held a short position in Intu since at least 2012 Intu collapsed after it was unable to persuade its lenders to grant a debt repayment holiday By Ben Harrington And Neil Craven, Financial Mail On Sunday Published: 21:53 BST, 27 … Read more
Shopping centre giant collapses: Demise of Intu threatens 14 malls…and thousands of jobs The problems at Intu puts more than 100,000 jobs in jeopardy Some of its more famous sites are likely to be sold, while others could be lost forever By Sean Poulter Consumer Affairs Editor For The Daily Mail Published: 22:08 BST, 26 … Read more
Britain’s biggest shopping centres including Lakeside and the Trafford Centre could close as owner Intu admits it’s ‘likely’ to call in administrators By Luke May For Mailonline Published: 07:50 BST, 26 June 2020 | Updated: 07:52 BST, 26 June 2020 BREAKING: Britain’s biggest shopping centres including Lakeside and the Trafford Centre could close as owner Intu … Read more
Britain’s biggest shopping centres including Lakeside and the Trafford Centre could close as owner Intu admits it’s ‘likely’ to call in administrators By Luke May For Mailonline Published: 07:50 BST, 26 June 2020 | Updated: 07:52 BST, 26 June 2020 BREAKING: Britain’s biggest shopping centres including Lakeside and the Trafford Centre could close as owner Intu … Read more
Shopping malls giant Intu ‘is on critical list’ as time to strike a deal with lenders is running out By Neil Craven and Harriet Dennys For Financial Mail On Sunday Published: 22:31 BST, 6 June 2020 | Updated: 22:31 BST, 6 June 2020 The owner of the Trafford Centre and Lakeside shopping malls is running … Read more
Intu pleading for relief from creditors after plunging rent payments leave it facing cash crunch By Daily Mail City & Finance Reporter Published: 22:11 BST, 18 May 2020 | Updated: 22:11 BST, 18 May 2020 Intu is pleading for relief from creditors after plunging rent payments have left it facing a cash crunch. The commercial … Read more
Shopping centre owner Intu in crisis talks with banks and the government as pandemic slashes rents By Matt Oliver For The Daily Mail Published: 21:50 GMT, 26 March 2020 | Updated: 21:50 GMT, 26 March 2020 Intu is holding crisis talks with banks and the Government after the coronavirus crisis wiped out two thirds of … Read more
Struggling shopping centre group Intu Properties has warned that it is at risk of going bust if it cannot find fresh funds to prop up its finances. The ailing group, which owns the Trafford Centre in Manchester and Lakeside in Essex, slumped to a loss of over £2billion last year, up from £1.17billion the year … Read more