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Intu Properties PLC (ITUJ.J)

ITUJ.J on Johannesburg Stock Exchange

667.00ZAc
16 Aug 2019
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Latest Key Developments (Source: Significant Developments)

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

UPDATE 1-Unibail Rodamco lifts 2019 guidance after a solid first half

July 31 Europe's largest property firm Unibail-Rodamco Westfield raised its full-year earnings guidance on Wednesday after reporting strong first-half growth in tenant sales at its flagship European and American retail centres.