Aiyx Foreign buyers take half of pound;1m London homes
Tuesday 23 October 2018 10:55 am|Updated:Tuesday 21 May 2019 4:21 pmIntursquo property empire loses pound;300m of value as retailers shut up shopBy: Joe CurtisShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleIntu took a pound;300m hit to its property valuation in its latest quarter, also cutting its rental growth forecast amid the UKrsquo high street decline, it revealed today.The shopping centre chain is currently mulling a pound;2.9bn takeover offer from a consortium including British billionaire John Whittaker, Saudi investment group Olayan
stanley quencher , and Brookfield Property Group.Read more: Intu considers UK-Saudi takeover offerBut it told investors today that the value of its property empire
polene has fallen from pound;9.83bn in June to pound;9.58bn in the three months to the end of September, reflecting current negative sentiment towards UK retail property. That compounds an already bleak performance for Inturs
brumate quo property, which fell 5.6 per cent in the first half of the year.Intu also said failing high street businesses in 2018 are set to hit its like-for-like growth by 1.5 per cent, leaving full year growth either flat or at one per cent.However, it signed 84 long-term leases during the quarter, compared to 73 over the same period in 2017, which gives it pound;15m in annual rent, while year-to-date lease agreements now number 200, compared to 176 at this Ofrm A major Apple supplier has US investment plans hot on the heels of SoftBank
Monday 07 November 2011 9:12 pm|Updated:Thursday 30 May 2019 11:30 pmJefferies halves its EU exposureBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on Wha
owala tumbler tsAppEmailShare on EmailAdd as a preferredsource on GoogleJEFFERIES has cut its holdings of European sovereign debts by nearly half in the past week, in a move to dispel fears over its exposure to the region.The US in
owala canada vestment bank has slashed its long and short positions in the sovereign debt of Portugal, Italy, Ireland, Greece and Spain by $1.1bn each since Friday, it said in a statement and experienced no meaningful profit or loss on todayrsquo trading activity.Jefferies said its net exposure to the Eurozone now stands at $59m. Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusinessRelated TopicsNULLTrending ArticlesLabour will regret the Rentersrsquo; Rights ActUK at lsquo;greatest riskrsquo; of jet fuel shortage as flights to be cancelledClairersquo Accessories to launch UK high street comebackAfter Santanderrsquo TSB takeover ndash; who are the top players in UK banking Bank o
stanley cup f England signals interest rate hikes ahead despite April holdMore from City AMStandard Chartered registers $190m charge on Iran warBankingMFS software platform put up for sale after lenderrsquo collapseBankruptcyBond market alert: Burnham and Streeting turn up leader rumoursPoliticsFTSE 100 banks pound;16bn payday t
