Intu's results reveal sharp valuation fall as CEO decides to retire

Intu Watford

The value of intu’s portfolio has fallen 6% to £650.4m in the first half of year and the company has announced that chief executive David Fischel is to resign.

 However the company’s rent income for the six months to 30 June increased 1.3%, driven by rent from new lettings and rent reviews.

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