Intu shopping centres face financial difficulties
Download© Licensed to London News Pictures. 12/02/2020. WATFORD, UK. A general view of the exterior of Intu Watford. Shares in Intu, Britain's largest shopping centre owner with 20 shopping centres in the UK and Spain, including Intu Watford in north west London, have fallen after Link Real Estate Investment Trust abandoned plans to provide funds to reduce Intu's GBP4.7 billion debts. Analysts have reported that several covenants have been breached as a result of the decline in Intu's property portfolio valuation. Photo credit: Stephen Chung/LNP
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