Intu CEO hails 'double benefit' of PRS move

Intu Lakeside, Essex

Fischel says developments will increase both land values and customer numbers.

Fischel, who is considering a £2.9bn consortium bid led by his deputy chairman John Whittaker, told Property Week that intu Lakeside in Essex offered the “biggest opportunity” in its plans to develop around 5,000 private rented sector (PRS) homes, almost 600 hotel rooms and office development on 470 acres around six of its out-of-town centres.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.

Registered users and subscribers SIGN IN here to continue