The Rushmere Shopping Centre in Craigavon, Magowan West in Portadown, and the Peacocks in Woking have all been placed into administration, according to a BBC report.
All three centres are associated with Dungannon-based investor Mollyallen Group and will continue operating. David Warnock and Stephen Tennant of Grant Thornton have been appointed as joint administrators.
Stephen Cave, head of restructuring at Grant Thornton in Northern Ireland, said: “Our immediate priority has been to ensure the shopping centres continue to trade as normal under the ultimate control of the administrators, with no operational impact for tenants or shoppers.
“We have and will continue to liaise with key stakeholders, as we manage the position and consider future options.”
