Intu shares ended the day down 0.42% on Wednesday to 195.3p after the company announced a move into the private rental sector.


Intu, which is currently considering a consortium bid led by its deputy chairman and Peel Group founder John Whittaker, has identified land with the potential for around 5,000 residential units on land around six of its out of town centres as well as almost 600 hotels rooms.

Overall, the FTSE 100 finished the day up 0.11% at 6,962.98 points while the FTSE 250 rose 0.3% over the day to 18,406.48 points

The EPRA NAREIT UK index also climbed 0.71% to 1187.21

On Thursday morning the pound was up 0.13% against the Euro at €1.1321 and 0.19% against the dollar at $1.2907. Elsewhere, in early trading on Thursday Debenhams’ share price slipped 1.36% to 8.4p after the struggling retailer announced an acceleration of its store closure programme