Intu Properties PLC Completion of Disposal of Intu Puerto Venecia (6906M)

TIDMINTU

RNS Number : 6906M

Intu Properties PLC

13 May 2020

LEI: 213800JSNTERD5CJZO95

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."

ENQUIRIES

intu properties plc

Matthew Roberts Chief Executive +44 (0)20 7960 1353

   Dushyant Sangar                    Chief Investment Officer                    +44 (0)20 7960 1290

Adrian Croft Head of Investor Relations +44 (0)20 7960 1212

Public relations

UK: Justin Griffiths, Powerscourt +44 (0)20 7250 1446

SA: Frédéric Cornet, Instinctif Partners +27 (0)11 447 3030

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May 13, 2020 02:00 ET (06:00 GMT)

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