British Land

British Land sells 50% Meadowhall stake for £360m

British Land has announced that it has sold its 50% stake in the Meadowhall shopping centre in Sheffield. The company…

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Today’s news in brief-16/1/24

Card Factory reported a 10% increase in total sales for the 11 months ending December 2023, reaching £476.9m, driven by…

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Mike Ashley considers Meadowhall shopping centre bid

Mike Ashley is reportedly considering a bid to acquire Meadowhall shopping centre in Sheffield, according to The Times. Frasers Group,…

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Today’s news in brief-6/12/23

Farfetch is reportedly contemplating the sale of fashion retailer Browns as part of efforts to secure the company’s future amid…

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Part of Lakeside to be demolished for £200m redevelopment

Part of Lakeside shopping centre in Essex will be demolished to make space for a £200m warehouse and distribution centre,…

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Frasers Group to open flagship Sports Direct in Sheffield

Frasers Group has taken over 180,000 sq ft of retail space in Meadowhall shopping centre, Sheffield, which includes a former…

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Tesco explores freehold acquisitions to combat inflation

Tesco is reportedly looking to acquire the freeholds of more stores in order to minimise its lease liabilities and reduce…

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British Land praises ‘winning’ retail park format ahead of AGM

British Land chief executive, Simon Carter, has said that retail parks “continue to be a winning retail format” due to…

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British Land hails £120m in gross capital activity amid acquisitions

British Land has announced that it has made more than £120m in gross capital activity after acquiring three new retail…

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Peel L and P retail parks appoints new director

Peel L and P retail parks has appointed Bruce Edmondson as associate director for retail development. Edmondson will be responsible…

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