Britain’s retail landlords are in trouble, none more so than Intu Properties. It has woken up to the fact that it needs to reduce its debt of £4.7 billion, yet it’s done so just as property values are falling sharply.
Britain’s retail landlords are in trouble, none more so than Intu Properties. It has woken up to the fact that it needs to reduce its debt of £4.7 billion, yet it’s done so just as property values are falling sharply.
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