29th Jul 2024 10:22
(Alliance News) - British Land Co PLC on Monday said it will lease space to healthcare businesses at Crownpoint Retail Park, Denton, near Manchester.
The London-based commercial property developer and investor said it leased 12,800 square feet of space, with InHealth, the UK's largest specialist provider of diagnostic and healthcare solutions, taking a 5,000 square feet unit for a Community Diagnostic Centre.
CVS Vets, which provides veterinary services, will take 2,500 square feet while MyDentist, Europe's largest dental care provider, will take 5,300 square feet.
"With 40% of England’s population located within a 30-minute drive of British Land’s portfolio, leading healthcare brands are showing increasing interest in our retail parks. Providers embedded within the community are providing a crucial service for patients, cutting waiting times for core services such as blood tests or X-rays. This not only taps into a significant growth market but also broadens the demographic of our retail park customers and increases the reasons for visiting our retail parks and the time spent there," said Matthew Reed, head of Retail Parks at British Land.
British Land shares were 1.9% higher at 407.20 pence each on Monday morning in London.
By Tom Budszus, Alliance News slot editor
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