UPDATE 1-UK mall operator Intu considers cash call as rental income takes a hit
Intu Properties is considering
asset sales or an equity raise to tide over a prolonged weakness
in the retail sector, the mall operator said on Wednesday as
rising store closures led it to forecast a fall in rental income
for the year.
asset sales or an equity raise to tide over a prolonged weakness
in the retail sector, the mall operator said on Wednesday as
rising store closures led it to forecast a fall in rental income
for the year.
Posted by Reuters
