Retail REIT may be forced to sell properties following collapse of takeover talks.
Intu’s share price has plunged over 40% to 111p in the past week and it is now trading at a discount to the group’s 344p NAV of 68%.
The retail property group slashed its dividend after the consortium walked away but analysts warned that the company’s high loan-to-value ratio of more than 50% meant it needed to take more radical action.
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