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British Land Company PLC (BLND.L)

BLND.L on London Stock Exchange

693.00GBp
18 May 2018
Change (% chg)

-4.00 (-0.57%)
Prev Close
697.00
Open
700.00
Day's High
701.80
Day's Low
690.40
Volume
3,476,303
Avg. Vol
3,503,235
52-wk High
703.00
52-wk Low
589.00

Latest Key Developments (Source: Significant Developments)

British Land Company Names ‍Simon Carter CFO​
Friday, 19 Jan 2018 

Jan 19 (Reuters) - British Land Company Plc ::‍SIMON CARTER HAS BEEN APPOINTED AS CHIEF FINANCIAL OFFICER.​.‍SIMON SUCCEEDS LUCINDA BELL WHO, AS PREVIOUSLY ANNOUNCED, INTENDED TO STEP DOWN FROM BOARD AND LEAVE COMPANY ON 4 APRIL 2018​.‍AGREED THAT LUCINDA WILL NOW STEP DOWN FROM ROLE AS A MAIN BOARD DIRECTOR AS WELL AS HER DAY-TO-DAY RESPONSIBILITIES AS CFO WITH IMMEDIATE EFFECT​.  Full Article

British Land first-half NAV up 2.6 pct to 939p
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - British Land Company Plc -:‍HY NAV UP 2.6% TO 939P, WITH VALUATIONS UP 1.4%​.‍HALF YEAR DIVIDEND INCREASE OF 3% TO 15.04P​.‍HY PROFIT MAINTAINED AT £198M DESPITE £1.5BN OF SALES SINCE MARCH 2016​.  Full Article

British Land sees some investors taking more cautious approach after EU vote
Monday, 18 Jul 2016 

British Land Company Plc : First quarter trading update . Had a good quarter of activity in lead up to referendum - CEO . Too early to properly assess impact of referendum result on markets in which we operate - CEO . Do expect some occupiers and investors to take a more cautious approach - CEO . Q1 dividend confirmed at 7.30 pence, 3.0 pct ahead of prior year . Strong portfolio: 99 pct occupancy and weighted average lease term of 9 years to first break .Based on current commitments, group has no requirement to refinance for four years.  Full Article

British Land sells Debenhams store on Oxford Street
Thursday, 7 Jul 2016 

British Land Company Plc : Has exchanged contracts for sale of 334-348 Oxford Street, London to a private investor for £400 million . Building is let in its entirety to Debenhams until 2039 . Has exchanged on £99 million of further retail disposals since 31 March 2016, including £79 million of superstores, 3.1% ahead of March valuations . Transactions bring total retail disposals since year end to £499 million . Since EU referendum, co has exchanged 11 long term retail leases totalling 50,000 sq ft and £2.1 million of rent on terms agreed prior to referendum .In aggregate these lettings are 4.7% ahead of March 2016 ervs; a further 210,000 sq ft of retail lettings are under offer.  Full Article

UPDATE 1-British Land's NAV rises on strong London office demand

May 17 British Land Co reported a 5.7 percent rise in full-year net asset value on Thursday, helped by strong performance in its London office business.