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Landsec wants to invest £1bn in prime retail

Landsec wants to invest up to £1bn in prime retail over the next few years.

Speaking to The Sunday Times, chief executive Mark Allan said: “We are convinced that prime retail is a sector that’s going to do well.”

Allan said that shopping centres had been oversold, and that the glory days of e-commerce have gone for good.

The Times (£)

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