BRAEHEAD-owner Intu Properties has seen a dip in its operating profits from £474.4 million to £387.1m, amid a small decline in rental income.
The company booked a rise in total revenue from £516.1m to £525.7m although net rental income was down from £364m to £362.6m.
Intu – which includes the Trafford and Arndale malls in Manchester plus the Metro-centre near Gateshead in its portfolio – said it was pleased with its activities at Braehead and the centre is 95% let.
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