British Land plans to expand Chris Grigg , the serviced office brand it launched last year as weakness in the retail sector prompts it to reposition its portfolio. The company said the sector could reach 10% of its portfolio. British Land is planning to focus its business on the so-called sharing economy by building more homes for rent and expanding its own serviced office brand in a bid to shore up its portfolio against weakness in the retail sector. The property developer said it intends to continue building offices in Storey because of healthy demand and has about 1.6 million sq ft of development planned.
British Land plans to expand Chris Grigg , the serviced office brand it launched last year as weakness in the retail sector prompts it to reposition its portfolio. The company said the sector could reach 10% of its portfolio. The property developer said it intends to continue building offices in Storey because of healthy demand and has about 1.6 million sq ft of development planned.