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Intu Properties Plc - Completion of Disposal of Intu Puerto Venecia

This content has been sourced from: https://www.investegate.co.uk/intu-properties-plc/...

INTU PROPERTIES PLC

13 MAY 2020

COMPLETION OF DISPOSAL OF INTU PUERTO VENECIA

Following the announcement on 20 December 2019, intu properties plc has now completed the sale of its interest in the intu Puerto Venecia shopping centre to Generali Shopping Centre Fund S.C.S. SICAV-SIF and Union Investment Real Estate GMBH.

Matthew Roberts, chief executive of intu, commented:

"We are pleased to have successfully concluded this transaction which is another important step in our ultimate strategic objective to fix the balance sheet over the medium term."