Intu gained 53.2% in trading today after disclosing a better than expected forecast for rent collection, with shares climbing to 8.6p, their highest since early March.
In a cash flow projection for bond holders and lending banks, intu said rent collection across its sites is likely to drop by 37% over the course of 2020.
Despite this fall in income, the REIT pointed to a recovery in cash at propco level by the end of 2021.
Fellow shopping centre landlord Hammerson also posted a significant rise, closing up 34.4% to 110.85p.
The FTSE 100 nudged up by 0.87%, while the FTSE 250 finished the day 0.92% higher.
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