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Intu Lakeside transferred to new management

Tom Shearsmith
06 November 2020

Intu Lakeside is the latest of Intu’s properties to transfer to new management, with Global Mutual appointed as its Asset Manager and Savills as its Property Manager.

Intu Lakeside is part of the property company Intu SGS, a PropCo of Intu Properties. Administrators were not appointed to any of its property subsidiaries.

It is the fourth and final Intu mall under the property firm to move to new management.

The existing centre names and branding will remain in place for an interim period, with Lakesides social media reporting: "We'll still be known as intu Lakeside for a little while longer, and the centre will continue to run as normal, but under new management.

"Stay tuned here for all the latest news and exciting changes that will take place in the centre."

Earlier this month fashion retailer Next opened its new beauty concept, The Beauty Hall from Next, in former Debenhams sites at Intu Watford and Intu Milton Keynes, now also opening a third site at Intu Metrocentre.

Since entering administration in June 2020, Intu Derby, Intu Milton Keynes, Intu Potteries, Intu Watford and Intu Victoria Centre have all been sold or transferred to new management.

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