Intu goes into administration but shopping centres to stay open
26th Jun 2020 07:48
(Sharecast News) - Intu Properties said on Friday that it has gone into administration but its shopping centres will remain open.
Read moreShopping centre owner Intu warns it could go into administration
23rd Jun 2020 07:57
(Sharecast News) - Intu Properties warned on Tuesday that it could go into administration and its shopping centres could be forced to close if it can't agree a standstill with its lenders.
Read moreIntu's 'administrator-in-waiting' seeking fresh funds - report
11th Jun 2020 10:10
(Sharecast News) - KPMG is allegedly seeking funds to keep Intu Properties' flagship shopping centres open should it go into administration, it was reported on Thursday.
Read moreSunday newspaper round-up: Pandemic, Jobs, AstraZeneca
7th Jun 2020 12:21
(Sharecast News) - Fresh evidence of China's shocking cover-up of the pandemic outbreak has been found in censored media reports from Wuhan. Samples taken from sick patients and analysed by at least five laboratories had confirmed the existence of a lethal new coronavirus before China told global health authorities about an infectious disease that it claimed was unidentified. - Mail on Sunday
Read moreIntu shares surge after cash figures published
2nd Jun 2020 10:40
(Sharecast News) - Intu shares rose by more than half after the shopping centre operator published figures showing it expected to have more than £62m of cash at the end of 2021.
Read moreIntu seeking standstill with creditors until end 2021
18th May 2020 07:50
(Sharecast News) - Shopping centre owner Intu Properties said on Monday that it is seeking standstill agreements with its creditors as it warned it could breach its covenants amid uncertainty over the impact of the Covid-19 outbreak.
Read moreIntu gets waivers on debts until June 26
1st May 2020 08:02
(Sharecast News) - Troubled shopping centre owner Intu said it had agreed debt waivers with its lenders until June 26 as it warned it would take legal action against "well capitalised" tenants who were refusing to pay rent.
Read moreRent payments plunge at Lakeside owner Intu
26th Mar 2020 07:58
(Sharecast News) - Intu Properties is in discussions with its lenders after seeing rent payments tumble, the shopping centre owner said on Thursday.
Read moreIntu Properties warns it could go bust as losses widen
12th Mar 2020 09:01
(Sharecast News) - Shopping centre owner Intu Properties warned it could go out of business on Thursday as it posted a widening of its full-year losses.
Read moreIntu Properties tumbles as it cancels equity raise
4th Mar 2020 08:19
(Sharecast News) - Shopping centre owner Intu Properties said on Wednesday that it was unable to proceed with an equity raising due to uncertainty in stock markets.
Read moreIntu Properties drops after announcing ?1.3bn cash call, credit line extension
26th Feb 2020 14:31
(Sharecast News) - Intu Properties clinched an extension of its medium-term lending facility, albeit of a smaller amount and with the proviso that it raise ?1.3bn in fresh capital.
Read moreHong Kong's Link pulls out of Intu fundraising talks
11th Feb 2020 12:29
(Sharecast News) - Intu Properties shares plunged after a big potential investor pulled out of talks to provide fresh funds, throwing the shopping centre operator's survival plans into doubt.
Read moreIntu confirms fundraising discussions with Link Real Estate
10th Feb 2020 09:48
(Sharecast News) - Intu Properties confirmed that it is in "constructive discussions" with Link Real Estate on Monday, following press speculation over the weekend.
Read moreIntu Properties JV sells Spanish shopping centre for EUR290m
28th Jan 2020 09:10
(Sharecast News) - Intu Properties said on Tuesday that a joint venture between it and the the Canada Pension Plan Investment Board has exchanged contracts to sell the Intu Asturias shopping centre for €290m.
Read moreIntu Properties confirms it's looking to raise cash
20th Jan 2020 07:50
(Sharecast News) - Shopping centre owner Intu Properties confirmed on Monday that it is looking to raise extra cash to bolster its balance sheet.
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