The embattled institutional landlord’s managing director of UK and Ireland Mark Bourgeois said it was not ruling out the possibility of selling stakes in its portfolio of premium outlets and flagship shopping centres across the UK, Ireland and France this year.

“We’ve been pretty open the last 12 months that nothing really is off the table when it comes to potential disposals. We’ve done what we said in terms of the retail parks, but we’re not ruling out flagships in the UK, Ireland or France,” he said.

“Or, indeed, premium outlets. There’s been some discussions around that; sales around our stakes in the premium outlet business as well. We’ve got plenty of options.”