FREE REPORT: Why this £5 stock could be set to surge Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. See all posts by Royston Wild I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Get the full details on this £5 stock now – while your report is free. Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. Investor interest in so-called reopening stocks has sparked in recent weeks following government plans to jumpstart the UK economy. British Land (LSE: BLND), for example, has attracted plenty of attention. As a result, its share price has rocketed 32% during the past four months.However, there are several important issues UK share investors like me need to consider before buying this particular FTSE 100 recovery stock.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Problems for this reopening stockShopping centre operators like British Land are, in my opinion, more risky reopening stocks than many other retail-focussed companies. This is because their properties tend to have a high proportion of non-essential retailers which are more susceptible to economic downturns.This explains why Local Data Company figures show shopping centres lost a whopping 6,984 stores in 2020. This accounted for 62% of all UK store closures last year. A prolonged period of weak consumer spending, combined with the end of furlough support schemes later this year, could prompt another fresh wave of bankruptcies among British Land’s tenants.There’s a possibility demand for British Land’s office space will also fall following the rise of flexible working during the pandemic. Building society Nationwide is the latest in a string of major British companies to announce plans to ditch its offices as remote working practices remain fashionable.Retail reductionsOf course my view on British Land as a sound reopening stock is just one. City analysts think the FTSE 100 firm can look forward to sustained earnings growth following the 33% earnings drop predicted for the outgoing fiscal year (to March). Rises of 21% and 7% are anticipated for financial 2022 and 2023 respectively.What’s more, British Land is reducing its exposure to the retail sector to bolster medium-to-long-term growth. It’s a segment that currently generates just over 30% of total earnings. And it seems a good idea due to the severe structural threats like e-tail and the growing importance of sustainability in shoppers’ minds. However, I’m mindful that this reopening stock won’t tear up its working model. It plans to reduce its exposure only fractionally, to 25%.In conclusionIn other good news, British Land has some handy financial wriggle room before it needs to take action concerning its debt covenants. This could give it a chance to develop its property portfolio for future growth if trading conditions remain stable.Remember though, that British Land does have a lot of debt on its balance sheet (adjusted net debt stood at £3.7bn as of September). This could be a big problem if Covid-19 lockdowns return.All things considered, I won’t be buying British Land shares. I think that recent good news on the Covid-19 is baked into the FTSE 100 share’s recent share price rise. And its meaty earnings multiple of 22 times could prompt a painful price reversal if pandemic-related news flow worsens. I’d rather buy other reopening stocks for my Stocks and Shares ISA today. Should I buy this FTSE 100 ‘reopening’ stock today? Enter Your Email Address Royston Wild | Friday, 26th March, 2021 | More on: BLND Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has recommended British Land Co. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shares Image source: Getty Images. Simply click below to discover how you can take advantage of this.