11-09-2020 10:06 via retailgazette.co.uk

Intu Derby becomes first of 17 centres to be snapped up since administration

// Intu Derby has been taken over by Cale Street Investments
// Cale Street is backed by the Kuwait Investment Office
// The investment firm paid £186.3m last year for a 50% stake in Intu DerbyIntu Derby has become the first of 17 Intu shopping centres to change hands since its parent company failed to agree terms with creditors in June.
A firm backed by the London-based Kuwait Investment Office has taken full ownership of Intu’s Derby shopping centre.
The move comes after Cale Stree
Read more »