British Land

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01.07.2024Labour Party wins the general election

01.07.2024Labour Party wins the general election

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Cineworld faces opposition from property giants over rent cuts
business 2024-09-20 16:24
Cineworld faces opposition from property giants over rent cuts
  • Cineworld is implementing a financial restructuring that includes significant rent cuts for landlords.
  • British Land, Landsec, and Legal & General Investment Management have opposed the restructuring plan, but their influence is limited due to Cineworld's ownership structure.
  • The restructuring is crucial for Cineworld's survival, as it faces severe financial difficulties and potential insolvency.
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Norway's sovereign wealth fund acquires full control of Meadowhall shopping centre from British Land for £360m
business 2024-05-20 13:31
Norway's sovereign wealth fund acquires full control of Meadowhall shopping centre from British Land for £360m
  • British Land has sold its 50 per cent stake in Sheffield's Meadowhall for £360 million
  • Norway's sovereign wealth fund to take full control of the largest shopping centre in Yorkshire
  • End of British Land's 25-year ownership of Meadowhall
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