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Tag Archives: trafford centre

Intu’s Trafford Centre is seeking a buyer as lender pressure ammounts to auction plans

Intu’s Trafford Centre is seeking a buyer, according to reports from Sky News and the Retail Gazette, after the shopping centre owner filed for administration earlier this year. Recognised as the UK’s fourth-biggest shopping centre, Trafford Centre has drafted in PJT Partners and CBRE to oversee the sales process. Located …

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UK shopping centre owner Intu is on the brink of administration

The UK shopping centre owner, Intu has indicated it is on the verge of appointing administrators after discussions with its creditors were stalled. The struggling business had been hamstrung by a $4.5bn debt over the past year, but in recent weeks and months has been hammered by the impact of …

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