Property For Sale by Prozone Intu Properties

About Prozone Intu Properties

Prozone Intu Properties

Description

Prozone Intu is a strategic partnership with Intu Plc, a UK FTSE-100 company with assets of over 9 billion pounds. INTU owns and manages 9 of the top 20 UK Shopping Centre?s including Iconic Lakeside Thurrock, Trafford Centre and Metro Centre amongst others. They are the second largest REIT in the UK and amongst the top 20 REITs in the world with assets in UK, Spain and India. In India, Prozone Intu has a land bank of over 20 million sq. ft. operating in Mumbai, Aurangabad, Coimbatore, Nagpur, Indore and Jaipur. Prozone Intu set up its first mall in the city of Aurangabad in 2010. The mall remains the dominant player in the Marathwada region making it an established asset with a strong tenant-mix. The mall, which is more than 700,000 sq. ft. in area boasts of 200 national international brands and more than 9 million visitors per year. The organization recently launched its second mall at Coimbatore which is over 500,000 sq. ft. in area boasts 150 national international brands. Future developments of the business include retail residential projects in Nagpur, Indore, Jaipur and Mumbai.