British Land has today announced the acquisition of a York shopping park for £45 million, reinforcing its ongoing strategy to expand its portfolio of out-of-town retail assets.

The deal, reported on September 2, 2025, underscores British Land’s commitment to investing in retail parks, which continue to demonstrate resilience and appeal to both retailers and investors. The acquisition aligns with the company’s long-term strategy of providing accessible, adaptable, and affordable retail spaces that cater to both traditional and online retail demands.

This purchase follows a series of recent multi-park acquisitions, including the acquisition of seven retail parks for £441 million and several assets from M7 Real Estate valued at over £45 million. British Land has actively redeployed capital into retail warehousing, drawn by strong occupancy rates and stable rental growth.

The retail warehousing sector, including the York shopping park, remains a preferred format for investors and occupiers due to lower operating costs and convenience for last-mile delivery and click-and-collect services. British Land’s continued acquisitions strengthen its position as one of the leading retail park owners in the UK.

The £45 million acquisition of the York shopping park marks another significant step in British Land’s ongoing expansion in the retail park sector, enhancing the company’s presence and market leadership.