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Tag: properties

Administrators appointed to intu properties plc

Jim Tucker, David Pike and Mike Pink from KPMG’s Restructuring practice have been appointed joint administrators to intu properties plc, in addition to eight Topco subsidiaries. intu properties plc owns and operates 17 shopping centres across the UK including intu Trafford Centre, intu Lakeside, intu Merry Hill and intu MetroCentre, in addition to a shopping …

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Value of British Land retail properties slides by over 10% | Business

British Land, which owns shopping centres including Sheffield’s Meadowhall and Drake Circus in Plymouth, has had nearly £600m wiped off the value of its retail empire over six months. It also reported a bigger half-year loss due to torrid conditions in the retail industry. The property company has written down the value of its retail …

Value of British Land retail properties slides by over 10% | BusinessRead More