British Land rides the market
It’s not just high streets that are suffering in the current, interminable economic climate. ‘Out-of-town’ retail parks – which themselves have tempted customers and money away from the town centres – are also suffering: the loss of countrywide retail-park tenants such as Borders, Comet, and Dreams, all of whom have recently gone into administration, cannot but have an effect on the bottom line of the owners and investors of the buildings. But how much of an effect?