Intu administration puts £2.5bn of CMBS at risk

Tom Brown

August 26, 2020 03:45 PM

Intu_Trafford_Centre_PA_575_375 — EMBARGOED TOÊ 0001 FRIDAY MARCH 17 EDITORIAL USE ONLY Intu Trafford Centre in Manchester is lit green by Tourism Ireland to celebrate St Patrick's Day, which is on Friday 17th March. | Anthony Devlin/PA

UK shopping centre owner Intu Properties has fallen into administration, throwing into question the fate of £2.5bn of CMBS notes secured by its real estate.

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Tom Brown