Intu Properties surges as consortium mulls offer
5th Oct 2018 07:51
(Sharecast News) - One of Intu Properties' senior directors is leading a consortium of investment companies to buy the shopping centre owner, leading to speculation that a bid battle could emerge.
Read moreFTSE 250 movers: Ted Baker unwinds, Ferrexpo boosted by pellet prices
4th Oct 2018 14:32
(Sharecast News) - London's FTSE 250 was down 0.73% at 20,152.52 in afternoon trade on Thursday.
Read moreMorgan Stanley raises targets on Segro and Unite, cuts Intu
30th Aug 2018 12:18
(Sharecast News) - Analysts at Morgan Stanley downgraded their recommendation on European property stocks from 'attractive' to 'in-line', arguing that there was now not as much potential as before for returns on an absolute basis.
Read moreWednesday broker round-up
29th Aug 2018 13:33
(Sharecast News) - Barratt Developments: Citigroup upgrades to buy with a target price of 634p.
Read moreBerenberg starts Intu, Capital & Regional at 'buy'
29th Aug 2018 13:31
(Sharecast News) - Berenberg initiated coverage of Intu Properties and Capital & Reginal at 'buy' as it highlighted three key reasons why it sees value in the UK shopping centre market.
Read moreFriday broker round-up
27th Jul 2018 13:14
(Sharecast News) - William Hill: Peel Hunt upgrades to hold with a target price of 305p.
Read moreLiberum downgrades Intu Properties on 'awful' H1 capital value drop
26th Jul 2018 13:15
(Sharecast News) - Liberum downgraded Intu Properties to 'sell' from 'hold' and cut the price target to 145p from 200p on Thursday after the shopping centre owner said it swung to a first-half loss, caused by a fall in the value of its estate.
Read moreIntu CEO Fischel to leave as shopping centre operator suffers loss
26th Jul 2018 10:11
(Sharecast News) - Intu Properties announced the departure of chief executive David Fischel as the shopping centre operator swung to a first-half loss caused by a fall in the value of its estate.
Read moreWednesday broker round-up
1st Feb 2017 15:33
(ShareCast News) - SSE: Barclays reiterates overweight with a target price of 1695p. BP: HSBC reiterates buy, 590p target. Royal Dutch Shell B: Deutsche Bank reiterates buy with a 2450p target. Britvic: JP Morgan reiterates neutral with a 600p target. Intu: Deutsche Bank reiterates sell with a 2
Read moreIntu Properties on road to acquire Xanadu in Madrid
31st Jan 2017 13:17
(ShareCast News) - FTSE 100-listed shopping centre owner Intu Properties has confirmed it was in exclusive talks regarding the potential acquisition of Xanadu shopping centre in Madrid. Following press speculation, Intu said it had signed an exclusivity agreement with the Ivanhoé Cambridge Group to
Read moreNewcomers eye promotion in FTSE 100 index reshuffle
28th Nov 2016 08:41
(ShareCast News) - Irish packaging group Smurfit Kappa, newly listed medical product company ConvaTec Group and online car retailer Auto Trader could make the leap into the FTSE 100 benchmark on Wednesday as part of the quarterly FTSE Russell index reshuffle. Making way could be precious metals prod
Read moreIntu Properties flags slowdown in net rental income growth in 2017
25th Oct 2016 07:24
(ShareCast News) - Intu Properties saw strong demand from retailers for new long-term leases between 1 July and 25 October, amid brisk footfall at its properties, but cautioned that new rental incomes might grow more slowly in 2017. The shopping-centre operator agreed 67 new long-term leases, split
Read moreDirector dealings: Intu veteran Whittaker shows faith
13th Oct 2016 15:16
(ShareCast News) - Intu Properties deputy chairman John Whittaker bought almost £0.6m worth of shares in the shopping centre developer. Whittaker, the Peel Group chairman who was appointed to the Intu board in 2011, snapped up 202,417 shares at an average price of 287.4p. At that price, shares in t
Read moreTuesday broker round-up
6th Sep 2016 10:07
(ShareCast News) - Marks & Spencer: Goldman Sachs reiterates sell with a target price of 315p. Bunzl: RBC maintains underperf orm with a 1950p target. Mediclinic: UBS keeps at buy with a 1170p target. Ultra Electronic: Berenberg reiterat es buy with a 2000p target. Associated British Foods: Goldm
Read moreIntu Properties raises full year guidance as first half earnings rise
28th Jul 2016 08:55
(ShareCast News) - Property management company Intu Properties on Thursday raised its full year guidance for rental income growth as it reported an increase in first half underlying earnings. Underlying earnings rose 12% to £99.5m in the six months ended 30 June 2016 from £88.7 the same period a yea
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