Analyst Research Report Snapshot

Title:

INTU PROPERTIES - NEW BRAND, NEW STRATEGY, NEW SITE

Price:

$10.00

Provider:

Edison Investment Research

Date:

04 Mar 2013

Pages:

2

Type:

AcrobatPDF

Companies referenced:

INTUP.L

Available for Immediate Download
Summary:

Intu Properties, which was only rebranded from Capital Shopping Centres on 18 February, has announced a 2% fall in underlying 2012 earnings and no change in either the dividend (15p) or the NAV (392p). It also announced the acquisition of the Midsummer Place shopping centre in Milton Keynes from Legal & General for £250.5m, funded by a concurrent placing of £280m at 325p.

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