You are here

UK developer St Modwen backs away from retail property after Brexit vote

Thursday, July 6, 2017 - 05:50

London

BRITISH property developer St Modwen will not embark on any major retail projects as brick-and-mortar retailers are squeezed by lower consumer spending and the growing threat from online rivals.

The company would instead focus on building houses in areas with strong demand

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom