Login

Update: Brookfield, Peel, Olayan mulling intu takeover bid

Brookfield alongside the Peel Group and the Olayan Group are mulling a take private bid for intu, the UK shopping centre giant with a circa £10bn portfolio and a £2.07bn market capitalisation. But why do they think now is the right time to buy the UK's largest shopping centre owner and what price would intu shareholders accept?
CoStar News
October 4, 2018 | 10:07 P.M.

In a stock market announcement on Thursday evening Brookfield confirmed the consortium was mulling a possible cash offer for the issued (and to be issued) share capital of UK shopping centre giant intu not already owned by members of the consortium.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE