
British Land became the second UK property giant in two days to report that the sector’s post-pandemic trading is thriving again, delivering “a strong performance across all parts of our business” for the year.
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British Land became the second UK property giant in two days to report that the sector’s post-pandemic trading is thriving again, delivering “a strong performance across all parts of our business” for the year.
Property rivals British Land and Landsec are understood to have discussed a major asset swap. Negotiations would involve Meadowhall shopping centre changing ownership with retail parks heading in the other direction.
UK retail giant Frasers Group saw revenues at its domestic and European operations surging in the half to October. And while its ‘rest of world retail’ division saw a double-digit dip, overall the results looked good.
One way around the problems of product supply issues is to build your own logistics centres. That’s exactly what British Land is doing, planning to turn empty spaces across the UK into urban distribution sites.
British Land is back in the black. The UK commercial property giant returned to profit in its half-year to 30 September, mirroring the performance of its sector peer Landsec.
Joe Browns, the fast-growing lifestyle brand, has just unveiled an ambitious new sales target as it aims to turn over £100 million by 2026 with a series of strategic moves to support that goal.
UK property giant British Land has said it has received “encouraging interest” from potential “high-quality” replacements to fill the still-vacant former Debenhams site at its part-owned Meadowhall centre in Sheffield.
There was more upbeat news from British Land on rent collections and performance from its malls, which includes giants Meadowhall and Broadgate, plus retail parks, on Tuesday.
Baby and kid-focused retailer Mamas & Papas is to extend its concessions business in Next stores following strong footfall and sales at its new concessions since the UK reopened non-essential stores last month.
With a capacity turnout and the introduction of a first-of-its-kind retail attraction, Meadowhall is in celebration mode. The mall welcomed crowds across the weekend, that saw visitors having to queue to gain entry.