Company Comment
Intu should come clean about its plans
Property group remains mum while its fate lies in the balance
25 June 2020 - 18:10
Intu Properties’ management is not doing itself a favour by avoiding SA’s media and investors while its fate lies in the balance.
The group — which owns interests in 17 malls in the UK, a mall in Spain’s capital, Madrid, and a development opportunity along that country’s southern coast — is desperate for yet another credit reprieve as it tries to manage suffocating debt of about R100bn.
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