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United States

Intu Properties PLC (ITUJ.J)

ITUJ.J on Johannesburg Stock Exchange

2,028.00ZAc
7 Dec 2018
Change (% chg)

18.00 (+0.90%)
Prev Close
2,010.00
Open
2,010.00
Day's High
2,040.00
Day's Low
1,994.00
Volume
915,778
Avg. Vol
2,018,719
52-wk High
4,433.00
52-wk Low
1,925.00

Latest Key Developments (Source: Significant Developments)

Hammerson Says ‍Klépierre Proposal "Very Significantly" Undervalues Hammerson​
Monday, 19 Mar 2018 04:52am EDT 

March 19 (Reuters) - Hammerson Plc ::STATEMENT RE ANNOUNCEMENT BY KLÉPIERRE S.A..‍STATEMENT RE ANNOUNCEMENT BY KLÉPIERRE S.A.​.‍REMAINS FULLY COMMITTED TO ACQUISITION OF INTU PROPERTIES PLC ANNOUNCED ON 6 DECEMBER 2017.‍CONFIRMS IT RECEIVED, REJECTED HIGHLY PRELIMINARY AND NON-BINDING PROPOSAL FROM KLÉPIERRE REGARDING POSSIBLE CASH, SHARE OFFER.HAMMERSON ‍BOARD STRONGLY ADVISES SHAREHOLDERS TO TAKE NO ACTION​.‍KLÉPIERRE PROPOSAL "VERY SIGNIFICANTLY" UNDERVALUES HAMMERSON​.  Full Article

Hammerson Says Reports Of Positive Feedback On Intu Deal Not Statement Of Support​
Tuesday, 27 Feb 2018 09:45am EST 

Feb 27 (Reuters) - Hammerson Plc ::HAMMERSON CLARIFICATION RE: PRESS REPORT.NOTES PRESS REPORTS REFERRING TO POSITIVE FEEDBACK IT HAS RECEIVED FROM ITS DISCUSSIONS WITH SHAREHOLDERS IN FOR INTU DEAL.‍HAMMERSON CLARIFIES THAT THIS POSITIVE FEEDBACK SHOULD NOT BE TREATED AS FORMAL STATEMENTS OF SUPPORT​.  Full Article

Intu Properties Posts NAV Per Share ‍Of 411​ Pence As At Dec. 31
Thursday, 22 Feb 2018 02:00am EST 

Feb 22 (Reuters) - Intu Properties Plc ::FY UNDERLYING EARNINGS ‍201​ MILLION STG VERSUS 200 MILLION STG YEAR AGO.AS AT DECEMBER 31, NAV PER SHARE ‍411​ PENCE VERSUS 404 PENCE YEAR AGO.FY NET RENTAL INCOME 460 MILLION STG VERSUS 447 MILLION STG YEAR AGO.FY PROPERTY REVAUATION SURPLUS 47 MILLION STG VERSUS DEFICIT OF 64 MILLION STG YEAR AGO.FY DIVIDEND PER SHARE 14 PENCE VERSUS 14 PENCE YEAR AGO.FY OCCUPANCY 96.1 PERCENT.  Full Article

Intu Properties Plc and Lasalle Investment Management creates JV to own Intu Chapelfield ​
Thursday, 2 Nov 2017 03:01am EDT 

Nov 2 (Reuters) - INTU PROPERTIES PLC :‍INTU PROPERTIES PLC AND LASALLE INVESTMENT MANAGEMENT ANNOUNCE CREATION OF A JOINT VENTURE TO OWN INTU CHAPELFIELD​.‍LASALLE WILL ACQUIRE A 50 PER CENT INTEREST IN PROPERTY FOR NET CONSIDERATION OF £148 MILLION​.‍INTU WILL CONTINUE TO MANAGE CENTRE ON BEHALF OF JOINT VENTURE​.  Full Article

Intu Properties Plc anticipates positive like-for-like net rental income in 2017​
Thursday, 2 Nov 2017 03:00am EDT 

Nov 2 (Reuters) - INTU PROPERTIES PLC :‍OCCUPANCY REMAINS HIGH AT 96 PERCENT FOR PERIOD FROM JULY 1 TO NOV 2, UNCHANGED FROM JUNE 2017​.‍WE ANTICIPATE POSITIVE LIKE-FOR-LIKE NET RENTAL INCOME FOR A THIRD YEAR IN 2017​.‍FOOTFALL HAS SHOWN ENCOURAGING STRENGTH IN SECOND HALF YEAR TO DATE AT 2 PER CENT AHEAD OF SAME PERIOD IN 2016​.‍RENT REVIEWS IN PERIOD FROM JULY TO NOV HAVE BEEN CONCLUDED AT AN AVERAGE UPLIFT OF 15 PER CENT ON PREVIOUS RENTS​."‍WE EXPECT OVERALL NEW RENTAL LEVELS TO BE 15 PER CENT AHEAD OF PREVIOUS PASSING RENT"​.  Full Article

Intu Properties ‍repurchases 32.7 mln stg in 300 mln stg 2.50 pct convertible bonds due 2018
Thursday, 28 Sep 2017 06:35am EDT 

Sept 28 (Reuters) - Intu Properties Plc :‍REPURCHASED £32.7 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF £300 MILLION 2.50 PERCENT CONVERTIBLE BONDS DUE 2018.‍£267.3 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF CONVERTIBLE BONDS REMAINS OUTSTANDING​.  Full Article

Intu Properties HY underlying earnings declines
Thursday, 27 Jul 2017 03:01am EDT 

July 27 (Reuters) - INTU PROPERTIES PLC :HY NET RENTAL INCOME 226.2 MILLION POUNDS VERSUS 219.4 MILLION POUNDS A YEAR AGO.HY UNDERLYING EARNINGS 98.5 MILLION POUNDS VERSUS 99.5 MILLION POUNDS A YEAR AGO.HY EPS 7.3 PENCE.HY DIVIDEND PER SHARE 4.6 PENCE.INTU PROPERTIES PLC SAYS BREXIT HAS NOT RESULTED IN ANY MATERIAL ADVERSE IMPACTS, ALTHOUGH RECENT UK GENERAL ELECTION RESULTS MAY CREATE SOME FURTHER UNCERTAINTY.INTU PROPERTIES PLC SAYS HY NET RENTAL INCOME 210.5 MILLION STG.INTU PROPERTIES PLC SAYS HY OCCUPANCY STABLE AT 95.9 PER CENT (DECEMBER 2016: 96.0 PER CENT.INTU PROPERTIES PLC SAYS HY FOOTFALL DECREASED BY 0.5 PER CENT (2016: +1.3 PER CENT).INTU PROPERTIES PLC SAYS GUIDANCE FOR FULL YEAR LIKE-FOR-LIKE NET RENTAL INCOME IS AROUND 0 PER CENT, AT BOTTOM END OF PREVIOUSLY ANNOUNCED RANGE OF 0 TO 2 PER CENT.INTU PROPERTIES PLC SAYS HY LIKE-FOR-LIKE NET RENTAL INCOME WAS 1.5 PER CENT LOWER THAN SAME PERIOD IN 2016.  Full Article

Intu enters into JV with TH Real Estate for Madrid Xanadú mall
Tuesday, 30 May 2017 02:12am EDT 

May 30 (Reuters) - Intu Properties Plc ::Joint venture.‍Intu Properties Plc and TH Real Estate announce creation of a new joint venture for Madrid Xanadú shopping centre​.T‍H Real Estate will acquire a 50 per cent interest in joint venture for a price of 264.4 million euros (50 percent of price paid by Intu)​.‍Joint venture arrangements provide that Intu will continue to be manager of centre​.‍closing of transaction is subject to certain completion conditions including regulatory approvals​.  Full Article

Intu to acquire Xanadú Shopping Centre in Spain for 530 mln euros
Friday, 10 Mar 2017 11:28am EST 

Intu Properties Plc : To acquire Xanadú shopping centre in Madrid, Spain for a total cash consideration of 530 mln euros . A 263 mln euros five year term loan with Santander, BBVA, Credit Agricole and Caixabank has been secured on asset . All-In cost of debt estimated to be around 2.0 per cent. . Balance of consideration will be met from Intu's existing resources .Acquisition is expected to be earnings accretive.  Full Article

Intu Properties names John Strachan as chairman
Thursday, 23 Feb 2017 02:39am EST 

Intu Properties Plc : Intu properties plc: directorate change – chairman appointment .John Strachan, a non-executive director of intu since october 2015, will succeed Patrick Burgess as chairman on 3 May 2017.  Full Article

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Intu shares nose-dive after Whittaker consortium drops bid

A consortium led by the biggest investor in Intu Properties has scrapped a 2.9 billion-pound bid for the British shopping center owner, the second time in less than a year a takeover of the firm has collapsed.