NEW FRONTIER PROPWhen a property company sets out its stall as “New Frontier”, you could be forgiven for expecting that it had something pretty fruity up its corporate sleeve. Development opportunities up by the headwaters of the Amazon, coastal vistas in Tierra del Fuego — there is no shortage of opportunities for the adventurous investor, so it is perhaps a little surprising that the new frontier this operation is pursuing is based firmly in the north of England. The company has three shopping centres in Burton upon Trent, Middlesbrough and Blackpool, and while these locations may not immediately leap to mind when you are considering the hotspots of global retail, they are performing solidly.What makes this interesting as an investment opportunity, however, is the extraordinary upheaval caused by the somewhat inexplicable decision to vote for Brexit, and the rapid defenestration of government that has accompanied it. The market uncertainty brought on by the decision has led to ste...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.