Former Intu Lakeside, Watford, Nottingham and Braehead Vehicle Secures Critical Creditor Support and Toasts Raft of Lettings

SGS Finance, the property vehicle that owns four former intu shopping centres, including one of the UK's largest — Lakeside in Essex — said Tuesday that lenders have voted in favour of its fourth "consent solicitation" to bondholders and lending banks. The critical breathing space from its creditors comes as a significant wave of letting activity has taken place across the portfolio.