Global Mutual has taken over as asset manager of the intu Victoria Centre in Nottingham and is expected to take over intu Lakeside in Essex and intu Braehead in the coming weeks.
The Intu SGS Vehicle, the holding company for the four shopping centres following intu’s collapse into administration in June, has transferred the Nottingham centre to Global Mutual, which has appointed Savills as property manager.
Steve Gray, head of European retail asset management at Global Mutual, said: “The resilience of intu Victoria Centre despite the challenges presented by Covid highlights the enduring attractiveness of flagship retail and leisure destinations to both tenants and visitors.”
