Intu Properties completes sale of Intu Bromley

Intu Properties has completed the sale of its interest in the Intu Bromley shopping centre – announced on 25 October – to Alaska Permanent Fund Corp for £177.9m.

As part of the deal, APFC has also acquired Aviva’s 21.475% interest in the centre.

London Borough of Bromley is retaining its 15% stake and freehold of the centre, which will cease to be called Intu Bromley.

At 0930 GMT, the shares were up 1% to 270.20p.