(Reuters) - British shopping centre landlord Intu Properties Plc (LON:INTUP) reported a small rise in full-year NAV, helped by strong tenant demand.
The owner of popular shopping malls such as Manchester's Trafford centre said adjusted diluted net asset value per share (NAV) rose to 411 pence for the year ended Dec. 31, from 404 pence a year ago.
The company, which agreed to be bought by rival British shopping centres owner Hammerson Plc (LON:HMSO) for about 3.4 billion pounds in December, said full-year like-for-like net rental income grew 0.5 percent.