May 30 (Reuters) – Commercial landlord British Land (BLND.L), opens new tab has outperformed the broader UK property market, thanks to its strategy of adding more out-of-town retail parks to its portfolio that has allowed it to weather beaten-down building values in the sector.
The Broadgate owner has been doubling down on its investments in retail parks since 2021 as its core business of office-focused campuses still recovers from steep valuation declines in the aftermath of the Covid pandemic and the ill-timed UK mini-budget of 2022.
Source: REUTER
