Shopping centre chain seeks up to £1bn to shore up finances

Intu, the owner of the Trafford Centre and Lakeside, struggles with £5bn debt pile
Intu Properties, the company behind shopping centres including the Trafford Centre in Manchester and Lakeside in Essex, could seek to raise as much as £1bn to shore up its precarious finances.The heavily indebted shopping centre operator has suffered a share price collapse after major high-street groups, including Sir Philip Green’s Arcadia and Debenhams – which occupy a lot of space in its