Intu would be hit hardest by HMV closures

HMV at Intu Derby

Shopping centre group Intu could be the hardest hit retail landlord if HMV stores are forced to close following its collapse into administration on Friday.

According to The Times, Intu, which was on the receiving end of two failed approaches this year and has suffered multiple tenant failures across its portfolio, has more sites rented out to HMV than any other retail property group. It has HMV stores across 15 of its shopping centres and has already been working with the iconic entertainment store to reduce its footprint and rent bill in recent months with moves to smaller units.

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