David Fischel, Chief Executive of Intu Properties plc, commented
"Intu advanced significantly in 2013 with a rebranding, strategic acquisitions, debt refinancing, equity issuance and key planning consents for our £1.2 billion development programme.
The benefits to customers, retailers and staff from our rebranding as intu have surpassed our expectations. Successful multi-channel retailers continue to regard flagship stores in the larger super-regional and major city centres as core to their overall business.
With the economy appearing to improve and total profit for the year including revaluations increased from £159 million to £364 million, we are prepared to withstand some minor reduction in like-for-like net rental income in the short term as we continue to invest in our centres to drive their total returns through our robust asset management approach, tenant mix repositioning and development projects."
Unfortunately Intu do not publish ex dividend or pay dates on the date of declaration. Very strange!
