British Land Company – Retail Resurgence?
Since 17 May, British Land Company PLC (LON:BLND)’s footfall and sales have been running at 86% and 94% of pre-pandemic levels across its Retail portfolio. Q2 2021 hedge fund letters, conferences and more 85% of total rents have been collected for June, and rent’s being collected at a faster rate than the previous two quarters. The shares rose 1.1% following the announcement. Retail Sales At British Land SurgeSophie Lund-Yates, Senior Equity Analyst at Hargreaves Lansdown commented: “We’re seeing a retail resurgence, with sales reaching 94% of pre-pandemic levels across British Land’s retail p...