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Old 26-06-2020, 15:20   #416
Chris
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Re: Changes on the High Street

£4.5bn of debt was always going to bite them on the bum eventually. Malls have an advantage over the high street in that they have parking and are usually covered, so they’re still a day out even when the weather’s awful (not a small consideration for the likes of Braehead on a winter day in Glasgow). But some analysts are saying that the growth of online shopping, that would have affected even profitable malls perhaps 5 years from now, has accelerated due to Covid19.

Some of Intu’s portfolio is good and will survive - I can’t see any reason for the likes of Braehead, Trafford or Lakeside malls to be broken up for scrap. I don’t know enough about the others though.
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