Intu Properties PLC (ITUJ.J)
23 May 2019
May 9 Intu Properties Plc on Thursday named Corporate Development Director Dushyant Sangar as chief investment officer, as the shopping centre operator aims to trim debt.
* Intu slumps after poor forecast (Adds company news items, updates to closing prices)
* Company sees "challenging" 2019 (Adds shares, details on outlook)
May 3 Britain's main index inched up on Friday, after three sessions in the red, as a profit beat lifted HSBC and miners jumped after Tesla said it expects global shortages of copper. Intu Properties weighed down midcaps after an annual target cut.
May 3 Intu Properties said on Friday it expects this year to be challenging, hurt by higher-than-expected retail failures and a slowdown in new lettings as tenants delay their decisions due to political uncertainties.
* Liberum analyst says sale price supports valuations (Adds details on sale, retail sector, debt)
April 18 British shopping centre operator Intu Properties Plc on Thursday said it would form a joint venture with Cale Street for the Intu derby shopping centre.
April 11 British shopping centre operator Intu Properties named Barbara Gibbes as interim chief financial officer on Thursday, a week after promoting its former finance chief to the CEO's role.
April 11 British shopping centre operator Intu Properties named Barbara Gibbes as its interim chief financial officer on Thursday, a week after it appointed its former finance chief as its new chief executive.
April 4 British shopping centre operator Intu Properties on Thursday appointed Finance Chief Matthew Roberts as its chief executive officer in place of David Fischel, who decided to step down in July last year after 18 years at the helm.