Shopping centre owner intu has posted a 7.5% like-for-like increase in rental income in the six months ended 30 June.
The company increased occupancy to 96.1% and signed 98 long-term leases, 82 in the UK and 16 in Spain, adding £17m to the total rent roll.
Chief executive David Fischel said: “Our established retailers, such as Zara and Next, have been upsizing space and we have welcomed new lifestyle brands and international retailers at a time when the supply of quality retail space is limited.
“We continue to focus on strengthening and improving our prime regional shopping centres, introducing new leisure concepts and increasing the dwell time of our 400m customer visits per year.”
The firm acquired the remaining 50% stake in the intu Merry Hill estate in June £410m, while selling its interest in real estate investment trust Equity One for £202m in January, fully exiting the US market.
The market value of both its Spanish shopping centres is up, with intu Asturias’s value up by 8% and intu Puerto Venecia up by 4%.
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