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Intu Properties plc was a British real estate investment trust (REIT), largely focused on shopping centre management and development. Originally named Transatlantic Insurance Holdings plc and later Liberty International plc, it changed its name in May 2010 to Capital Shopping Centres Group plc after demerging its Capital & Counties Properties business unit to form an independent business.
Atria Watford is a shopping centre in the middle of Watford, Hertfordshire, England. It opened in June 1992 as the Harlequin Shopping Centre . [ 2 ] [ 3 ] The centre was rebranded as intu Watford in 2013 following the renaming of its parent Capital Shopping Centres Group as Intu Properties . [ 4 ]
Following Intu Properties plc entering administration in June 2020, a subsidiary of the company called Intu SGS received funding to take full control of the centre along with Braehead, Victoria Centre and Intu Watford. The transfer from Intu to Intu SGS is expected to take place by the end of 2020, and will involve Global Mutual becoming asset ...
In October 1995, the centre was sold to Capital Shopping Centres (later intu Properties) for £364 million, although the Church Commissioners retained a 10% stake. [ 3 ] In 1997, Asda moved from Metrocentre to a larger stand-alone store nearby, facilitating the redevelopment of the Red Mall, with the former Asda store being demolished in 2002 ...
Map of railways around Watford town centre. Watford High Street station is located in the Lower High Street in Watford town centre. In the immediate vicinity around the station are a number of retail and civic amenities including the Watford Museum, containing a gallery of fine art and displays of local heritage, and the 1.4-million-square-foot (130,000 m 2) atria Watford Shopping Centre (also ...
The owners of the shopping centre, Capital Shopping Centres, changed their name to Intu, resulting in The Harlequin changing name to "intu Watford" from May 2013. [52] Carrying forward £4.5 billion of debt into 2020, [ 53 ] the company was not able to survive the retail downturn due to the COVID-19 crisis , and went into administration in June ...