British Land today announces a change to the responsibilities within its senior management team.
Kingsway Retail Park, East Kilbride has been sold to Standard Life Investments UK Property Fund for £18.2 million, reflecting a net initial yield of 6.22%.
Good performance demonstrates quality of portfolio and active asset management
British Land has agreed non-binding Heads of Terms with Macquarie Group (Macquarie), the international financial services company, which has agreed to occupy 217,000 sq ft of space at British Land’s Ropemaker Place.
British Land announces that it has bought a supermarket in Macclesfield for £31 million, reflecting a net initial yield of 5.0%.