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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Oct- 2019 -18 OctoberClothing & Shoes
M&S to open 60,000 sq ft store in Nottingham near year
Marks and Spencer will open a new 60,000 sq ft store at British Land’s Giltbrook Retail Park, Nottingham, in the summer of 2020. The announcement comes less than two weeks before M&S opens a major new store in Cornwall – it’s first clothing store opening in the South West for…
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Sep- 2019 -27 SeptemberHigh Street
British Land drops Monsoon CVA challenge
British Land has dropped its legal challenge against Monsoon Accessorize’s CVA plans. According to Sky News, The property investment firm, which owns Sheffield’s Meadowhall, has agreed to abandon its bid to to block Monsoon’s restructuring plans. The news now allows Monsoon to cut rents by between 25% and 65% across…
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18 SeptemberPeople Moves
Argent appoints new retail lead for King’s Cross centre
Shopping centre developer Argent, has appointed a James Rayner as it new retail lead for its flagship project, King’s Cross centre. Rayner, formerly Leasing Executive at Capital and Regional, will bring 20 years’ experience in managing and advising on retail assets to the Argent asset team when he joins in…
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6 SeptemberClothing & Shoes
Monsoon in legal battle with British Land over CVA plans
Monsoon is facing a legal battle with FTSE 100 property company British Land over its CVA plans. According to Sky News, the owner of Meadowhall shopping centre in Sheffield filed a challenge to block Monsoon’s restructuring plans which will see rents cut by between 25% and 65% across just over…
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Jul- 2019 -17 JulyHigh Street
Nine retailers to open on Broadgate development
Nine retailers are set to open stores on the Broadgate development just outside Liverpool Street Station. Chocolatier, Charbonnel et Walker is returning to the area, and clothing retailer Gant is also opening its first ever east London store. The stores will be joined by skincare brands Kiehl’s, Neom and The…
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Apr- 2019 -23 AprilProperty
British Land to sell its 12 Sainsbury’s stores for £429m
British Land has announced the sale of 12 superstores from its joint venture with Sainsbury’s to the Realty Income Corporation for a price of £429m. The company said its share of the proceeds totals £193.5m representing a “modest premium” to September 2018 book value. The move is the latest example…
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Mar- 2019 -28 MarchClothing & Shoes
Arcadia ‘draws up list of 67 store closures’
Arcadia has listed 67 stores it wishes to close across all of its brands, the Financial Times has reported. As seen by the publication, stores of varying sizes across the UK and Ireland with a total annual rent of £11m are set to be shut. These include Burton, Topshop, Evans,…
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Nov- 2018 -16 NovemberProperty
British Land records £42m net loss as retail market ‘remains challenging’
British Land has reported a net loss of £42m in the first half of the year, attributed to the “challenging” retail market and has said it aims to reduce its retail portfolio over the next five years. British Land said that it aims to cut its holdings in retail property,…
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May- 2018 -17 MayHigh Street
British Land submits plan for major retail development at Canada Water
Commercial property firm British Land has proposed a masterplan for a 1 million sq ft retail and leisure space at London’s Canada Water area. The submission of the planning application follows four years of close collaboration with Southwark Council and extensive consultation with the local community. Alongside the overall masterplan…
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