Intu at risk as lockdown hits the retail industry hard
Intu Properties, owner of the UK’s largest shopping centres, including Lakeside and the Trafford Centre, has said it is ‘likely’ to call in administrators KPMG. The company owns 17 shopping centres in the UK and three more in Spain. The heavily-indebted company, which has seen revenues plummet during lockdown, has so far failed to reach […]
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