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British Land bets on open-air retail parks to lure shoppers after Covid

Last modified on Wed 14 Apr 2021 09.38 EDT The property group British Land is looking to acquire more out-of-town retail parks, as it expects consumers will still want to shop at open-air locations that are accessible by car even after pandemic lockdown measures are eased. The company, which owns shopping malls including Meadowhall in Sheffield and Drake Circus in Plymouth, also intends to buy more warehouses, to rent to retailers trying to service the booming demand for online shopping. The group said its retail parks were “well connected and affordable to retailers” and facilitated click and collect, returns and shipping direct from store. “We have seen this trend accelerate, as rates of online shopping have increased, with shoppers more confident visiting open-air locations they can access by car and where social distancing can be more easily managed,” it said in a trading update.

Real estate owner British Land desires more out-of-town retail parks and warehouses

Debenhams in Plymouth could become a block of flats, shops and offices

Debenhams in Plymouth could become a block of flats, shops and offices The department store, which has temporarily reopened for a few weeks to sell-off remaining stock, is expected to be broken up for different uses - including flats and small units The video will auto-play soon8Cancel Play now Do you want to read just our finest work? Get the features that really matter to Plymouth, without all the rest. From hard-hitting investigations to exclusive photojournalism, our FREE Weekend Report is sent to you every Saturday morning.Invalid EmailSomething went wrong, please try again later. Let me into the club

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