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BUZZ-Intu: fall in net rental income drags shares down

Reuters - UK Focus

** Intu Properties Plc (Other OTC: CCRGF - news) slips after the shopping centre owner posts its third consecutive year of falls in net rental income and keeps divi unchanged

** Stock, down as much as 2.4 pct, among top losers on FTSE 100

** LFL net rental income falls 3.2 pct in yr ended Dec (Shanghai: 600875.SS - news) . 31, dragging underlying earnings per share down 3 pct to 13.3p

** Oriel Securities says rise of internet retailing & challenging environment for retailers still significant barrier to organic rental income growth

** Intu recommends FY dividend of 13.7p, unchanged versus a 2013 number adjusted for rights issue bonus (RM (LSE: RM.L - news) : esha.vaish.thomsonreuters.com@reuters.net)