Trafford Centre owner Intu confirms talks over £1bn cash call

Property company, which also owns Lakeside in Essex, in talks with Hong Kong groupShares in Intu Properties jumped on Monday after the company behind shopping centres including the Trafford Centre in Manchester and Lakeside in Essex confirmed it is in talks with investors over an emergency cash call.The debt-laden firm said it was “engaged in constructive discussions with shareholders”, including its largest shareholder Peel Group, and new investors including the Hong Kong-based Link