British Land Co PLC Letting at Wheatley Retail Park
August 26 2014 - 2:03AM
RNS Non-Regulatory
TIDMBLND
British Land Co PLC
26 August 2014
26 August 2014
British Land Lets 36,000 sq ft at Wheatley Retail Park,
Doncaster
British Land is pleased to announce that Next, and Marks &
Spencer Simply Food have agreed terms for two new units at Wheatley
Retail Park, Doncaster, further enhancing the retail offer at this
park.
Next is to upsize into 23,518 sq ft with a full cover mezzanine
floor, on a 15 year lease, whilst Marks & Spencer Simply Food
will open its first store, at the park taking a 12,502 sq ft
unit.
Duncan Reader, Asset Manager for British Land, said: "We look
forward to welcoming a full line Next, and a new Marks &
Spencer Simply Food to Wheatley Retail Park. Both retailers are
known for driving footfall and will enhance the already strong
tenant mix at the park. We are delighted that through our strong
relationship with both retailers we are now able to offer more
choice to our customers."
Wheatley Retail Park is located on the A630 on the North West
edge of Doncaster. Other retailers at the park include TK Maxx,
Boots, Matalan and Sports Direct.
British Land was represented by Morgan Williams.
ENDS
Enquiries:
Investor Relations
Sally Jones, British Land 020 7467 2942
Media
Jackie Whitaker, British Land 020 7467 3449
Emma Hammond, FTI Consulting 020 3727 1227
Pip Wood, British Land 020 7467 2942
Gordon Simpson, Finsbury Group 020 7251 3801
Notes to Editors
About British Land
We are one of Europe's largest publicly listed real estate
companies. We own, manage, develop and finance a portfolio of high
quality commercial property, focused on retail locations around the
UK and London Offices & Residential. We have total assets in
the UK, owned or managed of GBP17.8 billion (British Land share of
which is GBP12.0 billion), as valued at 31 March 2014. Our
properties are home to over 1,000 different organisations and
receive over 300 million visits each year. Our objective is to
deliver long-term and sustainable total returns to our shareholders
and we do this by focusing on Places People Prefer. People have a
choice where they work, shop and live and we aim to create
outstanding places which make a positive difference to people's
everyday lives. Our customer orientation enables us to develop a
deep understanding of the people who use our places. We employ a
lean team of experts, who have the skills to translate this
understanding into creating the right places, and we have an
efficient capital structure which is able to effectively finance
these places.
UK Retail assets account for 53% of our portfolio. As the UK's
largest listed owner and manager of retail space, our portfolio is
well matched to the different ways people shop today, from major
regional shopping centres to single occupier locations. We are
focused on being the destination of choice for retailers and their
customers by being the best provider of spaces and services.
Comprising around 25 million sq ft of retail space across 66 retail
parks, 85 superstores, 15 shopping centres, 12 department stores
and 77 leisure assets, the retail portfolio is modern, flexible and
adaptable to a wide range of formats.
Our Office and Residential portfolio, which accounts for 47% of
our portfolio is focused on London, We have an attractive mix of
high--quality buildings in well--managed environments and a
pipeline of development projects which will add significantly to
our portfolio. Increasingly, our offices are in mixed-use
environments which include retail and residential elements. Our 7.3
million sq ft of high quality office space includes Regent's Place
and Paddington Central in the West End and Broadgate, the premier
City office campus (50% share).
Our size and substance demands a responsible approach to
business. We believe leadership on issues such as sustainability
helps drive our performance and is core to the delivery of our
overall objective of driving shareholder value and creating Places
People Prefer.
Further details can be found on the British Land website at
www.britishland.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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