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Intu Properties (JSE:ITU) Allowance For Loans And Lease Losses


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What is Intu Properties Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Intu Properties (JSE:ITU) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Intu Properties PLC (JSE:ITU) » Definitions » Allowance For Loans And Lease Losses
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Address
40 Broadway, Westminster, London, GBR, SW1H 0BT
Intu Properties PLC is a British real estate investment trust that invests in, develops, and manages retail properties. The company's portfolio includes shopping centres across the United Kingdom and Spain. The company generates revenue from leasing properties to tenants, which include retailers, restaurants, and leisure venues. Intu Properties operates through two geographical segments: the U.K. and Spain. The UK segment delivers the vast majority of total revenue, as most of the company's properties are located in the United Kingdom.