for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Intu Properties PLC

INTUP.L

Latest Trade

34.46GBp

Change

-0.03(-0.09%)

Volume

6,782,561

Today's Range

33.47

 - 

37.56

52 Week Range

30.20

 - 

122.15

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Latest Developments

Intu Sells Sprucefield Retail Park For 40 Mln Stg

Nov 25 (Reuters) - Intu Properties PLC <INTUP.L>::DISPOSAL OF SPRUCEFIELD RETAIL PARK.PROPOSED DEAL FOR £40 MILLION.EXCHANGED CONTRACTS FOR SALE OF SPRUCEFIELD RETAIL PARK TO NEWRIVER REIT FOR £40 MILLION, IN LINE WITH JUNE 2019 VALUATION.

Coronation Asset Management Discloses 13.67% Stake In Intu Properties As Of Oct 25 Vs Prior Stake Of 14.94% - Filing

Oct 25 (Reuters) - Intu Properties PLC <INTUP.L>::CORONATION ASSET MANAGEMENT (PTY) LTD DISCLOSES 13.67% STAKE IN INTU PROPERTIES PLC AS OF OCT 25 VERSUS PRIOR STAKE OF 14.94% - FILING.

Coronation Asset Management Discloses 15.12% Stake As Of Sept 17 In Intu Properties - Filing

Sept 17 (Reuters) - Intu Properties PLC <INTUP.L>::CORONATION ASSET MANAGEMENT DISCLOSES 15.12% STAKE AS OF SEPT 17 VERSUS PRIOR STAKE OF 16.99% IN INTU PROPERTIES - FILING.

Intu Properties Chairman John Strachan Bought 70,000 Shares Of Co At 47.75 Pence/Share

Aug 5 (Reuters) - Intu Properties PLC <INTUP.L>::INTU PROPERTIES SAYS CHAIRMAN JOHN STRACHAN BOUGHT 70,000 SHARES OF CO AT 47.75 PENCE PER SHARE - FILING.

Intu Properties Says Not Paying A Dividend For Time Being To Retain Cash Within Business

July 31 (Reuters) - Intu Debenture PLC <69ZM.L>::INTU PROPERTIES PLC INTU DEBENTURE PLC INTU (SGS) FINANCE - HALF-YEAR REPORT 30 JUNE 2019.INTU PROPERTIES PLC HY NET RENTAL INCOME 205.2 MILLION STG VERSUS 223.1 MILLION STG.INTU PROPERTIES PLC HY IFRS REVENUE 279.9 MILLION STG VERSUS 286.1 MILLION STG.INTU PROPERTIES PLC HY UNDERLYING EARNINGS 66.4 MILLION STG VERSUS 98.5 MILLION STG.INTU PROPERTIES PLC HY IFRS LOSS ATTRIBUTABLE TO OWNERS OF INTU PROPERTIES 829.6 MILLION STG VERSUS 486.2 MILLION STG.EXPERIENCED FURTHER DOWNWARD PRESSURE ON LFL NET RENTAL INCOME AND PROPERTY VALUES RESULTING FROM A HIGHER LEVEL OF ADMINISTRATIONS AND CVAS.IN HY, CO HAS SEEN A REDUCTION IN LIKE-FOR-LIKE NET RENTAL INCOME OF 7.7 PER CENT.EXPECT LIKE-FOR-LIKE NET RENTAL INCOME TO RUN AT A SIMILAR LEVEL AS HY THROUGH REMAINDER OF 2019.LOOKING INTO 2020, EXPECT LFL NET RENTAL INCOME TO BE MODERATELY DOWN DUE TO FY IMPACT OF 2019 CVAS, WITH OVERALL RUN RATE IMPROVING VERSUS 2019.MAKING GOOD PROGRESS ON DISPOSAL OF SPANISH ASSETS.NOT PAYING A DIVIDEND FOR TIME BEING TO RETAIN CASH WITHIN BUSINESS.LOOKING TO MAKE MATERIAL PROGRESS OVER NEXT SIX TO 12 MONTHS AND WE WILL KEEP ALL OPTIONS UNDER REVIEW.SINCE END OF JUNE, CO HAS BEEN THROUGH RESTRUCTURING OF HEADCOUNT REMOVING AROUND 10 PERCENT OF MANAGEMENT ROLES.INTU PROPERTIES PLC - RESTRUCTURING GIVES £5 MILLION OF ANNUALISED SAVING."WE KNOW RADICAL TRANSFORMATION IS REQUIRED AND HAVE DEVELOPED A NEW, AMBITIOUS FIVE YEAR STRATEGY TO RESHAPE OUR BUSINESS".

Auriga V Lux Sarl Raises Stake To 9.22% From 8.02% In Intu Properties

June 11 (Reuters) - Intu Properties PLC <INTUP.L>::AURIGA V LUX SARL RAISES STAKE TO 9.22% FROM 8.02% IN INTU PROPERTIES PLC - FILING.

Intu Properties Says Ian Burke Will Become Senior Independent Director

June 5 (Reuters) - Intu Properties PLC <INTUP.L>::DIRECTORATE - SENIOR INDEPENDENT DIRECTOR.IAN BURKE, INDEPENDENT NON-EXECUTIVE DIRECTOR AND CHAIR OF REMUNERATION COMMITTEE, WILL BECOME SENIOR INDEPENDENT DIRECTOR.IAN WILL BE TAKING OVER THIS ROLE FROM ADÈLE ANDERSON, WHO, AS PREVIOUSLY ANNOUNCED, WILL BE STANDING DOWN FROM BOARD.

Intu Appoints Robert Allen As CFO

June 4 (Reuters) - Intu Properties PLC <INTUP.L>::INTU PROPERTIES PLC - CFO DIRECTOR APPOINTMENT.INTU PROPERTIES PLC - ROBERT ALLEN HAS BEEN APPOINTED AS INTU'S CHIEF FINANCIAL OFFICER WITH EFFECT FROM MONDAY, 10 JUNE 2019..INTU PROPERTIES PLC - ROBERT SERVED AS GROUP CHIEF FINANCIAL OFFICER OF CREST NICHOLSON PLC FOR TWO YEARS UNTIL 2018..

Intu Properties Appoints Dushyant Sangar As Chief Investment Officer

May 9 (Reuters) - Intu Properties PLC <INTUP.L>::INTU PROPERTIES PLC - APPOINTMENT OF CHIEF INVESTMENT OFFICER.INTU PROPERTIES PLC - APPOINTMENT OF DUSHYANT SANGAR AS ITS CHIEF INVESTMENT OFFICER.INTU - SANGAR WILL BE RESPONSIBLE FOR IMPLEMENTING CO'S ONGOING INVESTMENT STRATEGY AS WELL AS CONTINUING TO MANAGE ACQUISITIONS & DISPOSALS.

Intu Now Sees 2019 LFL Rental Income To Fall 4-6 Pct

May 3 (Reuters) - Intu Properties PLC <INTUP.L>::TRADING UPDATE FOR THE PERIOD FROM 1 JANUARY 2019 TO 2 MAY 2019.PRIORITY TO REDUCE LEVERAGE UNDERWAY.CONTINUED TO SEE GOOD LETTING ACTIVITY WITH 53 LONG-TERM LEASES SIGNED AMOUNTING TO £6 MILLION OF ANNUAL RENT, 1 PERCENT ABOVE PREVIOUS PASSING RENT.PRIORITY IS TO REDUCE LOAN TO VALUE TO BELOW 50 PER CENT AND PLANS TO ACHIEVE THIS ARE UNDERWAY.WE EXPECT REMAINDER OF 2019 TO BE CHALLENGING DUE TO A HIGHER THAN EXPECTED LEVEL OF CVAS.CONTINUED TO SEE GOOD LETTING ACTIVITY.ADJUSTED OUR 2019 GUIDANCE TO MINUS FOUR TO SIX PER CENT FOR LIKE FOR LIKE RENTAL INCOME.SEE SLOWDOWN IN NEW LETTINGS AS TENANTS DELAY THEIR DECISIONS DUE UNCERTAINTIES IN CURRENT POLITICAL AND RETAIL ENVIRONMENTS.OPERATIONAL PERFORMANCE IN QUARTER HAS BEEN STABLE.HAVE REVISED OUR APPROACH TO HOW WE GUIDE TOWARDS OUR YEAR-END LIKE-FOR-LIKE NET RENTAL INCOME TO FACTOR IN EXPECTED CVAS.CONTINUING TO EXPLORE DISPOSAL OPTIONS ON SPANISH CENTRES.GIVEN TIMING OF EASTER, FOOTFALL IN Q1 WAS DOWN 0.2 PER CENT IN UK.CHANGE FROM GUIDANCE GIVEN AT YEAR-END IS DUE TO A HIGHER EXPECTED LEVEL OF CVAS IN REST OF 2019.EXPECT CVAS TO RUN AT A HIGHER LEVEL THAN IN 2018.REDUCED CAPITAL EXPENDITURE PIPELINE AS PART OF BALANCE SHEET PRIORITIES.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up