British Land news and archive

British Land acquires seven retail parks for 441 million pounds

Real estate company British Land has snapped up seven retail parks from their former owner Brookfield for a total of 441 million pounds. The move builds on the firm’s “market leading position in retail parks”, CEO Simon Carter said, before adding that “parks remained the preferred format for retailers”. The portfolio spans 1.9 million square...

Business

British Land snaps up three UK retail parks for 94 million pounds

Shopping centre owner British Land has bought three new retail parks for a total of 94 million pounds. The British company announced Tuesday it has acquired the Capitol Retail and Leisure Park in Preston for 51.5 million pounds; Solartron Retail Park in Farnborough for 35 million pounds; and DFS, a retail warehouse in Cambridge, for 7.35 million...