intu Derby Sees Revenues Rise

The owner of Bondholder intu Derby has reported a strong first half of the year with a rise in revenues.

Intu Properties, which bought the centre from Westfield last year, said that in the six months to June, revenues grew to £281.9 million - up from £261.5 million a year ago.

The firm, which owns shopping centres across the country, said that it has been boosted by the continued improvement in demand for retail space.

This has led to its rental income growing from £17.6 million to £186.4 million.

Retailers are responding positively to taking space in centres where change and investment are underway. We attract over 400 million customer visits a year and aim to provide them with a great experience, which encourages them to come more often, stay for longer and spend more with our retailers
— David Fischel, Chief Executive at Intu Properties