By David Parsley2020-06-23T07:46:00
Intu has confirmed is has until Friday to save the UK’s largest shopping centre operator from a collapse into administration, as revealed by Property Week yesterday.
In an update on the crucial talks with creditors the group, which owns centres such as Lakeside in Essex and the Trafford Centre in Manchester, said that it was attempting to reach agreement with creditors on the duration of the standstill period, with some stakeholders seeking 18 months, but Intu expects it will not exceed 15 months.
You must be logged in to continue
Register for free to finish this article.
Sign up now for the following benefits:
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.