INTU PROPERTIES PLC
13 MAY 2020
COMPLETION OF DISPOSAL OF INTU PUERTO VENECIA
Following the announcement on 20 December 2019, intu properties plc has now completed the sale of its interest in the intu Puerto Venecia shopping centre to Generali Shopping Centre Fund S.C.S. SICAV-SIF and Union Investment Real Estate GMBH.
Matthew Roberts, chief executive of intu, commented:
"We are pleased to have successfully concluded this transaction which is another important step in our ultimate strategic objective to fix the balance sheet over the medium term."
intu properties plc
Matthew Roberts Chief Executive +44 (0)20 7960 1353
Dushyant Sangar Chief Investment Officer +44 (0)20 7960 1290
Adrian Croft Head of Investor Relations +44 (0)20 7960 1212
UK: Justin Griffiths, Powerscourt +44 (0)20 7250 1446
SA: Frédéric Cornet, Instinctif Partners +27 (0)11 447 3030
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