Knocked-down prices: Shoppers at the Lakeside shopping centre, operated by Intu Properties. Covid-19 has piled on further doubts about the assets’ future, as the outbreak accelerates a shift to online consumption. — Bloomberg
LONDON: The collapse of mall landlord Intu Properties Plc is about to send shockwaves through a sector that’s already reeling.
Nine of the UK’s biggest shopping centres could potentially be sold into a market that had already seized up before the virus struck.
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