Edition:
United Kingdom

Intu Properties PLC (ITUJ.J)

ITUJ.J on Johannesburg Stock Exchange

2,992.00ZAc
17 Aug 2018
Change (% chg)

28.00 (+0.94%)
Prev Close
2,964.00
Open
3,018.00
Day's High
3,050.00
Day's Low
2,992.00
Volume
691,876
Avg. Vol
1,348,194
52-wk High
4,500.00
52-wk Low
2,809.00

Latest Key Developments (Source: Significant Developments)

Intu Properties Plc and Lasalle Investment Management creates JV to own Intu Chapelfield ​
Thursday, 2 Nov 2017 

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 

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 says bonds due 2022 to be issued at par
Tuesday, 25 Oct 2016 

Intu Properties Plc : Announces successful pricing of an offering of 375 mln stg of guaranteed convertible bonds due 2022 .Initial conversion price is 3.7506 stg per share representing a premium of 30 pct above volume weighted average price of shares between launch and pricing.  Full Article

Hammerson overhaul plan fails to quell investor worries over strategy

LONDON Hammerson's plan to offload property assets and buy back shares has failed to assuage investor unease over the British shopping center owner's strategy following its decision to spurn a 5 billion-pound ($6.6 billion) takeover by rival Klepierre earlier this year.