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Intu Properties PLC (INTUP.L)

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Mon, Jun 20 2016

BRIEF-Intu Properties buys remaining 50 pct of Merry Hill Estate for 410 mln stg

* Acquisition of the remaining 50 per cent of the Merry Hill Estate for 410 million stg

BRIEF-Intu Properties buys remaining 50 pct of Merry Hill Estate

* Acquisition of remaining 50 per cent of merry hill estate for £410 million

BRIEF-Intu Properties confirms talks with Australia's QIC over Intu Merry Hill deal

* Intu confirms that it is in advanced discussions with QIC regarding potential acquisition of QIC's 50 per cent interest in Intu Merry Hill in West Midlands

BRIEF-Intu Properties says UK development pipeline on track

* Remain on target to deliver growth in like-for-like net rental income for year in range of 2 per cent to 3 per cent

BRIEF-Intu Properties FY net rental income rise 7.8 pct

* 7 per cent increase in FY underlying earnings per share and a 4 per cent revaluation surplus taking investment properties to 9.6 billion stg

BUZZ-Hammerson: strong FY rental income buoys stock

** Shopping centre landlord Hammerson up c.2 pct after posting strong FY rental income

BRIEF-Intu Properties says to raise $293 mln via public offering in US

* Priced a public offering in United States of 11.3 million shares of common stock of Equity One, Inc

BRIEF-Intu Properties offers Equity One Inc common stock in U.S.

* Commenced a public offering in United States whereby it will sell 11.4 million shares of common stock of Equity One Inc Source text for Eikon: Further company coverage:

BRIEF-Intu Properties says CFO to also be responsible for centre based operations

* julian Wilkinson has been appointed as asset management director, responsible for optimising performance of Intu's uk shopping centres

BRIEF-Intu Properties says not to directly replace COO

* Former role of chief operating officer will not be directly replaced

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