Intu on brink of collapse after “running out of options”
// Intu close to collapse after “running out of option”
// The retail landlord posted a 22% drop in the value of its portfolio last weekRetail analysts have reportedly warned that Intu is on the brink of collapse after “running out of options”.
Last week, the shopping centre owner posted a 22 per cent drop in the value of its portfolio and its debt-to-asset ratio had increased to 68 per cent.
It also posted a £2 billion loss, up from £1.17 billion the year bef
Read more »