British Land buys 2.3-acre site in Lancaster

Real estate investment trust British Land has bought the 2.3-acre Canal Corridor North site in Lancaster and is in talks to acquire the adjoining land to build a canal side, mixed-use scheme across a 10-acre site.

Real estate investment trust British Land has bought the 2.3-acre Canal Corridor North site in Lancaster and is in talks to acquire the adjoining land to build a canal side, mixed-use scheme across a 10-acre site.

The company said that the site, which is close to the city centre, provides the "only real opportunity to significantly improve the city's retail offer."

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.