UK mall owner Intu Properties, which has been struggling with a  R100bn debt pile, says it could be in breach its loan agreements in coming weeks as Covid-19 batters the property sector and prompts late rent payments from tenants.

Intu’s debt pile stood at almost £4.5bn (about R100bn) at the end of December 2019, which compares unfavourably with its market capitalisation of R1.3bn on Tuesday morning...

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