Financial Mail : 2020-07-09

COVER STORY : 18 : 18

COVER STORY

cover story / property The UK mall owner with its roots in SA may well be a victim of e-commerce, Brexit and Covid, but management failure is also to blame for the company’s spectacula­r fall from grace Trafford Centre: The UK’S third-largest shopping and leisure complex INTU’S FLAGSHIP MALLS £1.66bn Intu Trafford Centre Trafford, Greater Manchester £1bn Intu Lakeside West Thurrock, Essex (near London) £676.8m Intu Metrocentr­e Gateshead, Tyne and Wear £587.6m Intu Merry Hill Dudley, West Midlands £324.9m Intu Watford Watford, Hertfordsh­ire Manchester Arndale Centre £309m Greater Manchester £288.9m Intu Braehead Renfrew, Glasgow £230m St David’s Cardiff, Wales £233.8m Xanadu Madrid, Spain Source: Intu Properties . 18 financialm­ail.co.za July 9 - July 15, 2020

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