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British Land: 64% of stores open by end June - MarketWatch

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British Land Co. said Wednesday that it has reopened 64% of its stores in England as of Tuesday, adding that sales from open stores for the week beginning June 14 were 91% of a year earlier.

The real-estate company said that as of Wednesday all of its retail places were open and as of Tuesday, 64% of stores in England, 50% in Scotland and 64% in Wales were open.

The group also reported that its assets in England achieved footfall of 64% in the week beginning June 14 compared with last year. Like-for-like retail sales from open stores were 91% in the same period.

British Land added that, as of Friday, it had collected 88% of rent for offices and 36% for retail for the June quarter.

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

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British Land: 64% of stores open by end June - MarketWatch
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