Property company believes consumers will prefer well-ventilated, car-friendly locations even after lockdown is eased
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.
