By Grace Bowden2019-09-09T06:41:00
Retail property giant Intu is reportedly being considered for a private equity buyout by Orion Capital Managers.
The private equity fund, led by Aref Lahham, is understood to be seeking partners for a buyout of Intu Properties, according to The Sunday Times.
Intu’s rental income nosedived 18% in the six months to June, while the value of its portfolio was slashed 9.6%.
Please sign in now if you have a subscription
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.