Finance

Intu dealt blow by JP Morgan

By 2019-05-14T07:18:00

Matthew Robert Intu

Investment bank JP Morgan has downgraded Intu Properties in a critical note on the UK’s largest shopping centre landlord.

The Wall Street giant marked Intu down from “neutral” to “underweight,” claiming the company’s property portfolio would continue to lose value and that there was little chance of it being able to sell UK assets at book value.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Try Property Week For Free to finish this article.

Sign up now for the following benefits:

  • Unlimited access to Property Week
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue