The refinancing and debt reduction plans continue for INTU SGS with the Practice Statement Letter circulated on Friday. The proposed Scheme of Arrangement court hearing is

Today’s UK’ economic headlines are dominated by the drop in Retail sales, the lowest since February 2021, impacted by lower fuel consumption and

SGS have updated their March 2023 Business Plan which shows an increase in Static NRI (Net Rental Income) of £27m to £94m in FY27 (March 2027). This is primarily driven by

As part of the monthly reports from INTU SGS, they report footfall and more importantly tenant sales, which show July sales 1% higher than

London Metric, a UK listed REIT, has announced the sale of some assets over the last couple of days.  These transactions are small in size but highlights that the

Rent collections and Occupancy continue to improve across the portfolio with no signs that the recent macroeconomic uncertainty and the recent collapse of some high-profile retailers impacting.  In fact, occupancy is now at the same level as

UK property is not yet dead. Volumes in the UK property space have significantly reduced as interest rate rises impact investor confidence. However,

Footfall is steadily returning to pre-covid levels, with monthly footfall in April at c.98% of April 2019 with YTD at 92%. Note the Company is now only

Bluewater shopping centre, owned by a consortium including LandSec, M&G Real Estate, Royal London and Aberdeen Standard Investments have applied to the

INTU Debentures, under their new Asset Manager, Pradera Lateral, presented their 3yr Business Plan. As a reminder, INTU Debentures Occupancy rates

The UK REIT, Supermarket Income REIT, has just purchased a Tesco store comprising of a supermarket, forecourt and online hub for Tesco which

Blackstone has agreed to a cash offer for Industrial REIT Limited for c.£500m, which although a premium of c.40% to current trading levels, is a

We sound very much like a broken record when it comes to reporting INTU Debentures and INTU SGS numbers. There are no revised third-party valuations yet, but underlying the valuations is higher rent collection c.98% versus

We are seeing our INTU position quoted lower today on the back of news that PWC’s role is being questioned in their audits of