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Britain's Intu Properties hikes full-year dividend

Saturday, February 25, 2017 - 05:50

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The owner of popular British shopping malls such as Manchester's Trafford Centre (above) said 2016 dividend rose 2 per cent to 14 pence per share, its first hike since 2007.

Bengaluru

BRITAIN'S Intu Properties Plc hiked its full-year dividend as values and demand for its large shopping centres held up well despite weakness in the broader UK property market following the Brexit vote.

Although UK retail property values fell 5 per cent in 2016, according

sentifi.com

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