Tag: Shopping centre owner Intu hit by store fall

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Shopping centre owner Intu hit by store fall
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Shopping centre owner Intu hit by store fall

The owner of the Lakeside and Trafford Centre shopping centres, Intu, has cut its predictions for rental income. Intu said 2019 would be challenging due to a rise in rescue deals as stores are struggling to pay their rent. It added that retailers were also delaying signing any new leases due uncertainty in “political and retail”….

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