Intu, SA’s UK shopping centre giant, collapses under Covid-19 strain
Johannesburg- and London-listed shopping centre owner Intu Properties plc has collapsed under Covid-19 strain after talks with creditors failed.
Johannesburg- and London-listed shopping centre owner Intu Properties plc has collapsed under Covid-19 strain after talks with creditors failed.
The intu board has appointed Matthew Roberts following a rigorous search process which included a number of first-class internal and external candidates.
After a devastating October, the global tech sector has posted a significant recovery in recent weeks, and none more so than Microsoft.
The Wall Street Journal recounts how a group of global investors has pulled the plug on Intu Properties, which is listed on the JSE and in London.
Intu Properties, which has a R200bn portfolio that includes 9 of the UK’s Top 20 shopping centres, has been an unjustified victim of London’s post-Brexit market slump.
With holidays and other breaks, we’ve been lax in providing the popular Essential Market Review from Anchor Capital. Apologies. Here is the latest one.