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Intu
Intu Properties plc was a British real estate investment trust (REIT), largely focused on shopping centre management and development. Originally named Liberty International plc, it changed its name in May 2010 to Capital Shopping Centres Group plc after demerging its Capital & Counties Properties business unit to form an independent business. The company adopted the Intu name on 18 February 2013, and this was followed by the rebranding of most of its shopping centres under the Intu title from May 2013. The company's shares were listed on the London and Johannesburg stock exchanges until it entered administration in June 2020. The company owned or part-owned 17 shopping centres in the UK and one in Spain prior to entering administration. History The company was established by Sir Donald Gordon in 1980 under the name Transatlantic Insurance Holdings plc as an offshoot of Liberty Life Association of Africa, a business he had founded in 1957. The company developed into a leading i ...
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Intu SGS
Intu Properties plc was a British real estate investment trust (REIT), largely focused on shopping centre management and development. Originally named Liberty International plc, it changed its name in May 2010 to Capital Shopping Centres Group plc after demerging its Capital & Counties Properties business unit to form an independent business. The company adopted the Intu name on 18 February 2013, and this was followed by the rebranding of most of its shopping centres under the Intu title from May 2013. The company's shares were listed on the London Stock Exchange, London and JSE Limited, Johannesburg stock exchanges until it entered Administration (law), administration in June 2020. The company owned or part-owned 17 shopping centres in the UK and one in Spain prior to entering administration. History The company was established by Sir Donald Gordon (South African businessman), Donald Gordon in 1980 under the name Transatlantic Insurance Holdings plc as an offshoot of Liberty L ...
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Capital Shopping Centres Group
Intu Properties plc was a British real estate investment trust (REIT), largely focused on shopping centre management and development. Originally named Liberty International plc, it changed its name in May 2010 to Capital Shopping Centres Group plc after demerging its Capital & Counties Properties business unit to form an independent business. The company adopted the Intu name on 18 February 2013, and this was followed by the rebranding of most of its shopping centres under the Intu title from May 2013. The company's shares were listed on the London and Johannesburg stock exchanges until it entered administration in June 2020. The company owned or part-owned 17 shopping centres in the UK and one in Spain prior to entering administration. History The company was established by Sir Donald Gordon in 1980 under the name Transatlantic Insurance Holdings plc as an offshoot of Liberty Life Association of Africa, a business he had founded in 1957. The company developed into a leading i ...
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Intu Broadmarsh
Broadmarsh is a historic area of Nottingham, England. The area was subjected to large scale slum clearance, creating large spaces used for regeneration. A shopping centre, car park, bus station and road complex created in the early 1970s cut-through the traditional thoroughfares from the city centre to the rail and canalside area. A large courts building was opened in 1981. The former shopping precinct known as The Broadmarsh Centre (rebranded in 2013 as intu Broadmarsh) was located slightly south of the centre of Nottingham, on land owned by Nottingham City Council and formerly leased to Intu Properties. It was partly demolished during renovation work by the intu group. Following Intu's financial collapse resulting in administration during 2020, the council have undertaken public consultations to find an acceptable outcome for eventual redevelopment, including the former multi-storey car park and bus station. The intended demolition of the remaining precinct structure was ...
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Trafford Centre
The Trafford Centre is a large indoor shopping centre and entertainment complex in Greater Manchester, England. It opened in 1998 and is third largest in the United Kingdom by retail space. Originally developed by the Peel Group, the Trafford Centre was sold to Capital Shopping Centres, later to become Intu, in 2011 for £1.65 billion setting a record as the costliest single property sale in British history. The battle to obtain permission to build the centre was amongst the longest and most expensive in United Kingdom planning history. the Trafford Centre had Europe's largest food court and the UK's busiest cinema. History Genesis The site was owned by the Manchester Ship Canal Company which John Whittaker's Peel Holdings had been acquiring shares in since 1971 Manchester City Council also had a stake, but by the mid 1980s Whittaker had a majority control and proposed building an out-of-town shopping centre, and other schemes. The council faced a conflict of interes ...
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Shopping Mall
A shopping mall (or simply mall) is a North American term for a large indoor shopping center, usually anchored by department stores. The term "mall" originally meant a pedestrian promenade with shops along it (that is, the term was used to refer to the walkway itself which was merely bordered by such shops), but in the late 1960s, it began to be used as a generic term for the large enclosed shopping centers that were becoming commonplace at the time. In the U.K., such complexes are considered shopping centres (Commonwealth English: shopping centre), though "shopping center" covers many more sizes and types of centers than the North American "mall". Other countries may follow U.S. usage (Philippines, India, U.A.E., etc.) and others (Australia, etc.) follow U.K. usage. In Canadian English, and oftentimes in Australia and New Zealand, 'mall' may be used informally but 'shopping centre' or merely 'centre' will feature in the name of the complex (such as Toronto Eaton Centre). The ter ...
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John Whittaker (businessman)
John Whittaker (born 14 March 1942) is a British billionaire. He is chairman of the Peel Group, a property business that mainly invests in North West England. Although publicity-shy, he has been described as one of the most influential business leaders for Greater Manchester and the North West by the ''Manchester Evening News'' (2007), and was named the most influential northerner by ''The Big Issue'' magazine in 2010. According to The ''Sunday Times Rich List'' in 2019, Whittaker is worth £1.95 billion, a decrease of £300 million from 2018. Early life Whittaker was born to John and May Whittaker in Bury, Lancashire in 1942. He was educated at Prior Park College, a Catholic boarding school in Bath, Somerset, and considered becoming a priest before deciding to join the family business. The Peel Group In the 1980s he fought a bitter battle to take over the Manchester Ship Canal Company, out of which the Trafford Centre emerged. Whittaker's Peel Group sold the 1.5m s ...
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California
California is a U.S. state, state in the Western United States, located along the West Coast of the United States, Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the List of states and territories of the United States by population, most populous U.S. state and the List of U.S. states and territories by area, 3rd largest by area. It is also the most populated Administrative division, subnational entity in North America and the 34th most populous in the world. The Greater Los Angeles area and the San Francisco Bay Area are the nation's second and fifth most populous Statistical area (United States), urban regions respectively, with the former having more than 18.7million residents and the latter having over 9.6million. Sacramento, California, Sacramento is the state's capital, while Los Angeles is the List of largest California cities by population, most populous city in the state and the List of United States cities by population, ...
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Liberty International Logo
Liberty is the ability to do as one pleases, or a right or immunity enjoyed by prescription or by grant (i.e. privilege). It is a synonym for the word freedom. In modern politics, liberty is understood as the state of being free within society from control or oppressive restrictions imposed by authority on one's way of life, behavior, or political views. In theology, liberty is freedom from the effects of "sin, spiritual servitude, rworldly ties". Sometimes liberty is differentiated from freedom by using the word "freedom" primarily, if not exclusively, to mean the ability to do as one wills and what one has the power to do; and using the word "liberty" to mean the absence of arbitrary restraints, taking into account the rights of all involved. In this sense, the exercise of liberty is subject to capability and limited by the rights of others. Thus liberty entails the responsible use of freedom under the rule of law without depriving anyone else of their freedom. Liberty can be ...
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Sun Life & Provincial Holdings
Sun Life & Provincial Holdings plc was a large British insurance company. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. It was acquired by French insurance company Axa Group in 1996. History The company was established in 1995 as a holding company for the ''Sun Life Assurance Society'' and the ''Provincial Insurance Company'' in both of which Union des Assurances de Paris (UAP) of France France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pac ... had acquired substantial holdings. Sun Life Assurance Society The Sun Life Assurance Society was a life insurance offshoot, founded in 1810, of the Sun Fire Office. The Head Office moved to Bristol in 1976. UAP acquired 50% of the Sun Life Assurance Society in 1992.
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Shopping Centre
A shopping center (American English) or shopping centre (Commonwealth English), also called a shopping complex, shopping arcade, shopping plaza or galleria, is a group of shops built together, sometimes under one roof. The first known collections of retailers under one roof are public markets, dating back to ancient times, and Middle Eastern covered markets, bazaars and souqs. In Paris, about 150 covered passages were built between the late 18th century and 1850, and a wealth of shopping arcades were built across Europe in the 19th century. In the United States, the widespread use of the automobile in the 1920s led to the first shopping centers of a few dozen shops that included parking for cars. Starting in 1946, larger, open air centers anchored by department stores were built (sometimes as a collection of adjacent retail properties with different owners), then enclosed shopping malls starting with Victor Gruen's Southdale Center near Minneapolis in 1956. A shopping mall ...
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Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. Public limited companies will also have a separate legal identity. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public l ...
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Regency Centers Corporation
Regency Centers Corporation is a real estate investment trust based in Jacksonville, Florida and is one of the largest operators of shopping centers with grocery stores as anchor tenants. As of October 21, 2020, the company owned 415 properties comprising 56 million square feet of space. Notable properties owned by the company include Serramonte Center and a 30% interest in Village District. History In 1963, the company was founded as Regency Square Properties by Martin and Joan Stein. Four years later, the company built Jacksonville's first regional mall, Regency Square. In 1993, the company became a public company, raising $108 million in an initial public offering. In 1997, the company acquired Branch Properties, a Publix developer and leading owner of shopping centers in Atlanta, Georgia. In 2004, the company acquired a $400 million property portfolio from Branch Properties. On December 27, 2004, the company and California State Teachers' Retirement System (CalSTRS) formed ...
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