Regeneration+Renewal: "Tesco scraps plans to develop more than 100 sites"

Link to web site

"Supermarket chain Tesco has announced that it has identified more than 100 sites in its property portfolio that it no longer intends to develop as they are 'not viable'.

"... A statement from the supermarket said the majority of the sites had been bought between five and ten years ago at a "higher point in the property cycle".

"... Tesco was asked by Planning/R+R to provide a list of the 100 sites, but had yet to do so at time of publication."