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The Liquidation of Intu Continues with the Sale of 50% of the Xanadú Centre

The British developer has put up for sale 50% of the Xanadú shopping centre in Madrid as part of the liquidation of the firm, which is being coordinated by KPMG.

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Intu owns 50% of the asset together with the Nuveen group. According to the agency Bloomberg, the bankruptcy administrators have hired CBRE to market the stake in the shopping centre that used to be managed by Intu.

It is worth remembering that this summer PJT Partners and CBRE were engaged to market the sale of the Trafford Centre, the fourth largest shopping centre in the United Kingdom.

Read the full article in Spanish.

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