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home / news releases / CCRGF - Weirdly Intu Might Be Saved By The Lockdown


CCRGF - Weirdly Intu Might Be Saved By The Lockdown

The basic retail property problem

As I've pointed out before now the essential retail property problem in the UK is the internet. The UK has one of the world's highest penetrations of online sales (some 20%) and this means that the past built estate of retail properties is somewhat surplus to requirements. Some estimates say that 20% of British retail property is empty and it's pleasing to see the symmetry there.

It is also true that the companies specialising in retail property had/have gearing. Borrow against the property valuations in order to return

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Stock Information

Company Name: Intu Properties Plc
Stock Symbol: CCRGF
Market: OTC
Website: intugroup.co.uk

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