Retail
Intu’s Metrocentre debt downgraded
Outlook labelled negative
- Fitch has changed its rating of Intu’s Metrocentre debt from stable to negative
- “Persistent shortfalls in lease income”
- Fitch will monitor real rental income against quoted rental income
What stuff are retail landlords doing to resist the turmoil?
There are no prizes for telling the world that the retail sector is struggling with an occupational crisis, plummeting values and ever more distress. So what are retail owners doing to stem the tide? What can they do to fight back?
New shareholders buy in to New Frontier but equity may be wiped out
Future of three centres uncertain
Hammerson builds tenant line up with LEGO deals
LEGO set to open its only new stores of the year in Birmingham and Southampton
