A Debenhams department store at Intu Properties' Watford shopping centre in London, England. Picture: REUTERS/ PETER NICHOLLS
Intu and other JSE-listed, UK-focused landlords, including Capital & Counties and Hammerson have been under pressure since Britain voted to leave the EU in 2016. Brexit has resulted in an extended period of uncertainty, with the UK’s exit date having been repeatedly pushed back, with the latest delay until January 2020.
“We continue to consider all options to put us in the best position to deal with both our short and medium-term liquidity requirements as we approach our next material debt maturity in early 2021.”
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tiger Brands considers disposing of value-added meat businessThe company is still dealing with the fall out of 2018's deadly listeriosis outbreak, saying on Friday the business was not a ideal fit in its portfolio So...does 'value added meat business'...means codeword for 'listeriosis infested meat business'..which has now become a rope around their necks..asking for a friend
Source: BDliveSA - 🏆 12. / 63 Read more »
Market data — November 7 2019Market data including bonds, unit trusts and fuel prices
Source: BDliveSA - 🏆 12. / 63 Read more »