Intu offloads third Midlands shopping centre

Click to read the article in full.  

Intu has offloaded a third Midlands shopping centre to a new operator in the space of two months.

Property management company MAPP has taken on The Potteries Centre in Stoke-on-Trent city centre from intu which entered administration in June.

Specialist investment manager APAM will assume asset management responsibilities.

The centre will continue to operate under intu branding ahead of a revamp later this year and will retain the historic Potteries name.

The rebrand will include a new logo, external signage and website. 

The move comes after intu offloaded its sites in Merry Hill and Derby in September.

In a joint statement, Nigel Mapp, chief executive at MAPP and Simon Cooke, executive director at APAM,

 link source - Insider Media

Continue reading this article at the original source Here