BREAKING NEWS: Intu Shopping Centres Falls into Administration

Intu, one of the UK’s biggest shopping centre landlords, said it was unable to reach a deal with lenders over a €5bn debt timebomb and it has gone into administration.


THE firm runs a total of 17 sites including the Trafford Centre in Manchester and the Lakeside in Essex and had warned it faced disaster without a standstill deal on loan repayments, as income from rents dried up during the coronavirus crisis.

More to follow on the breaking story later today.

#intu #traffordcentre

FacebookTwitterRedditWhatsAppTelegramLinkedInEmailCopy Link
Go Back
Written by

Tony Winterburn

Share your story with us by emailing, by calling +34 951 38 61 61 or by messaging our Facebook page