British Land
This coverage examines British Land’s role, strategy, and developments within the UK retail property market. Reporting highlights investment activity, retail and mixed-use developments, leasing trends, sustainability initiatives, and leadership decisions shaping its portfolio. Retail executives, property managers, and stakeholders can use these insights to understand how British Land influences and responds to changing retail and consumer landscapes.
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Aug- 2025 -11 AugustClothing & Shoes
River Island’s restructuring plan greenlit by High Court
A High Court judge has approved River Island’s plans to shutter 33 stores, cut rents on a further 71 shops and write off a series of debts in a bid to save the retailer from collapse. It comes as River Island warned it would run out of money by the…
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7 AugustClothing & Shoes
River Island’s High Court hearing delayed by one day
River Island’s High Court hearing has been delayed by a day, and will now take place tomorrow morning (8th August), having originally been scheduled for today. The sanction hearing will decide on whether a restructuring plan outlined by the retailer can be approved. Under the plan, River Island would look…
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6 AugustProperty
British Land hires lawyers to scrutinise retail rescue deals
British Land has reportedly hired lawyers to scrutinise rescue deals for Poundland and River Island, Sky News has reported. According to the paper, Hogan Lovells has been instructed by the property group to seek further information on restructuring plans for the two chains. British Land owns 20 Poundland stores, 13…
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Jul- 2025 -24 JulyClothing & Shoes
River Island at risk of collapse without creditor support
River Island is reportedly at risk of collapse within weeks unless landlords and creditors approve a major rescue plan, according to the Telegraph. The retailer has proposed a restructuring strategy that includes closing 33 stores, reducing rents on 71 more, and writing off debts to avoid a cash crisis. If…
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Jan- 2025 -24 JanuaryShopping Centres
Glasgow Fort sees 10% footfall increase in December
Glasgow Fort retail park has ended the year on a high, with December footfall increasing by 10.3% compared to the same period in 2023. The busiest trading day for the centre was Saturday 23 December, when Glasgow Fort welcomed 89,000 visitors, with footfall up 16% compared to the same date…
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Oct- 2024 -3 OctoberNews-In-Brief
Today’s news in brief-3/10/24
Tesco has reported a robust first half of the financial year, marked by increased sales and profits, prompting an upward revision of its full-year guidance. The supermarket giant achieved a 10% rise in retail operating profits to £1.56bn, with statutory operating profits climbing 13% to £1.6bn. This growth was supported…
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3 OctoberShopping Centres
British Land acquires seven retail parks for £441m
British Land has acquired a portfolio of seven retail parks for £441m, as well as announced a proposed equity placing of approximately £300m – by way of an accelerated bookbuild offering to fund this acquisition. The rest of the asking price will be financed from existing cash and in place…
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Jul- 2024 -29 JulyNews
Today’s news in brief-29/7/24
Ted Baker is reportedly considering closing all its UK stores within weeks. After entering administration earlier this year, the fashion retailer has already shut 15 stores, resulting in job losses. The brand, now owned by Authentic Brands Group (ABG), is seeking a partner to manage its UK and Europe operations.…
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29 JulyHealth & Beauty
British Land signs three healthcare leases at Crownpoint Retail Park
British Land has leased 12,800 sq ft of space to three healthcare businesses at Crownpoint Retail Park, Denton in Greater Manchester. InHealth, the UK’s largest specialist provider of diagnostic and healthcare solutions, has taken a 5,000 sq ft unit for a Community Diagnostic Centre, while CVS Vets, one of the…
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Jun- 2024 -17 JuneNews
Today’s news in brief-17/6/24
Superdry’s shareholders have approved a restructuring plan to rescue the company from financial difficulties. This plan, following the approval of creditors, includes a £10m equity raise and delisting from the stock market. Founder Julian Dunkerton will underwrite the equity raise, which the company believes will provide sufficient liquidity for its…
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