Intu completes sale of Spanish mall in battle to survive

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 8%
  • Publisher: 63%

Intu completes R4.6bn sale of Spanish mall

South Africa Latest News, South Africa Headlines

UK mall owner Intu Properties, which was spun out of Donald Gordon’s Liberty International in 2010, has raised R2.3bn from the sale of a Spanish shopping centre as it divests from the country in its struggle to survive.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Freedom Under Law backs call for suspension of judge president Hlophe“Until such time as a proper investigation is completed and all consequential processes - which may include impeachment - are completed, judge president Hlophe cannot be allowed to exercise the powers of a judge.”
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Freedom Under Law backs call for suspension of judge president Hlophe“Until such time as a proper investigation is completed and all consequential processes - which may include impeachment - are completed, judge president Hlophe cannot be allowed to exercise the powers of a judge.” Don't agree......that only applies in countries which uphold the rule of law...unfortunately even under apartheid the rule of law was upheld in 🇿🇦 but as with our girls and women, democracy has raped and murdered it😏 pierredevos While I detest Hlophe, there is a logic to not suspending him which is that if it were that easy to get a judge suspended, I.e.: file a complaint, it WILL be abused for political ends. Imagine Hlophe could have had judges he disagrees with suspended? pierredevos These guys are downright nicumpoops , every case has 2 sides of the story, how do you conclude without enough evidence
Source: TimesLIVE - 🏆 28. / 59 Read more »

Investec Property Fund to rid itself of R727m stake in two SA mallsThe disposal is part of the company’s drive to shift its focus to Western Europe
Source: BDliveSA - 🏆 12. / 63 Read more »

Investec Property Fund to rid itself of R727m stake in two SA mallsThe disposal is part of the company’s drive to shift its focus to Western Europe
Source: BDliveSA - 🏆 12. / 63 Read more »

Maverick Citizen: KwaZulu-Natal: Assassins strike again in bloody KZN mining warsMaverick Citizen: KwaZulu-Natal: Assassins strike again in bloody KZN mining wars By Sandile Motha for Mukurukuru Media
Source: dailymaverick - 🏆 3. / 84 Read more »

Robust US December retail figures point to higher GDP growthSector likely to see further creative disruptions as several online sales platforms gain momentum And what is SAs retail figures for December. I say down by 20% YOY
Source: BDliveSA - 🏆 12. / 63 Read more »