Over the last 24 months, British Land, already the UK's largest owner of retail parks, has been increasing its exposure to them – and for good reason. According to CoStar data, available space at UK retail parks is at its lowest level in more than 15 years, at a little over 3 million square feet, half the amount that was being marketed two years ago.
British Land: Supermarket Sweep Is Lifting Retail Park Performance
REIT’s Head of Retail Parks, Matthew Reed, on Importance of Discount Retailers
By Luke Haynes
CoStar News
December 15, 2023 | 2:53 P.M.
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IN THIS ARTICLE
- Properties
- Teesside Leisure Park
Sandown Way, Stockton On Tees, RCC
- Glasgow Fort Shopping Park
280 Provan Walk, Glasgow, GLG
- Companies
- British Land Company plc
Real Estate
- Contacts
- Matthew Reed
Head of Retail Asset Managment, British Land Company plc