By David Parsley2019-04-04T09:03:00
Shopping centre giant has confirmed the appointment of finance director Matthew Roberts as its next chief executive, as Property Week predicted yesterday.
Roberts is expected to be charged with a sell-off of some of the group’s underperforming malls at the struggling retail property group, which owns eight of the UK’s top 20 centres. His plans will include a strategy to reduce Intu’s debt to assets ratio to below 50% through disposals, part-disposals and introducing partners to assets. Since he joined the group it has sold more £1bn of assets.
You must be logged in to continue
Register for free to finish this article
Registration includes the following benefits:
To access this article REGISTER NOW
Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.