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Share Name Share Symbol Market Type Share ISIN Share Description
British Land Company Plc LSE:BLND London Ordinary Share GB0001367019 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.40 -0.65% 365.80 364.60 364.80 369.80 354.70 367.20 2,740,897 16:35:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 526.0 318.0 -110.0 - 3,390

British Land Share Discussion Threads

Showing 2276 to 2300 of 2300 messages
Chat Pages: 92  91  90  89  88  87  86  85  84  83  82  81  Older
DateSubjectAuthorDiscuss
19/10/2020
14:04
Appreciate the view, thanks.
essentialinvestor
19/10/2020
12:06
GPOR/DWT are BL are interesting All have very strong balance sheets and BL/GPOR could be M&A targets
williamcooper104
19/10/2020
12:03
Personally for my risk/reward/income preferences I prefer long leased, relatively secure, commercial property - be that logistics, supermarkets or medical/health (what used to be called "alternatives" and is now mainstream) I was fortunate to privately develop life sciences/healthcare assets - so I tend to follow my listed equity investments where I've gone privately The ultimate commercial real estate sector is commercial (not residential) ground rents as these provide the best inflation protection together with a yield and security of income that works well in deflationary environments - however that's impossible to get in the U.K. public markets as our pension/annuity funds have been buying the market GPOR/DWT - London focuses, lowly leveraged
williamcooper104
19/10/2020
10:26
William, if I may ask, which commercial property sector stocks do you see as interesting?, thanks.
essentialinvestor
19/10/2020
10:18
Google buying their Central Saint Giles office for £800m (largest ever west end office sale) Google only occupy 20 percent of the site at moment Big confidence vote
williamcooper104
17/10/2020
08:08
London office valuations reflect Brexit risk and didn't fully reprice for QE unlike Paris (only other deep/liquid Eurpean office market) IMO a no deal likely to be very good for super prime resi (though recent tax changes are v negative there), harder call on prime offices The London office market got saved last cycle by tech companies and they're not, in the main, that bothered about a hard brexit - just makes their U.K. liabilities/staff cheaper Sub-letting the greater risk The other good thing about brexit is that it hit development pipelines so we went into covid with a tight supply
williamcooper104
25/9/2020
08:00
A No Deal Brexit would crash £ resulting in foreign funds piling into UK property investments, supporting/boosting valuations?
ghhghh
24/9/2020
12:41
Bizarrely the private markets are still a lot hotter than you'd think they should be - yields haven't moved out much/if all Grey space will be the killer as always is in the city Ironically BLs retail park assets now might look better than their office assets
williamcooper104
24/9/2020
12:38
It looks like the position is being parked in Brookfields 2019 vintage real estate PE fund - it's a mega fund Some PE funds have just taken public shareholdings and held them - Starwood bought into GPOR - but LPs don't pay their 2 and 20 for GPs to go buy listed equity (its a little bit more than we pay our broker :) - so a takeover approach is likely (IMO) - if the price is right Brookfield did hold onto a minority in Songbird for years - but that was after they failed to take it over
williamcooper104
24/9/2020
10:02
The only thing that will save BL now is a brexit deal, any deal, good or bad as long as not a hard brexit, otherwise the exodus from London will continue, jp Morgan yesterday. U.K. a terminal basket case. However, maybe get a deal, vaccine appears and maybe even Boris resigns, then things might take off.
porsche1945
17/9/2020
07:01
Brookfield stake up from 7.3% to 9.2%: https://www.investegate.co.uk/british-land-co-plc--blnd-/rns/holding-s--in-company/202009161210192001Z/ Hardly the time to be a seller.
jonwig
10/9/2020
13:42
A good interview with Simon Carter - hxxps://www.financialdirector.co.uk/2019/05/06/british-land-cfo-on-diversifying-in-the-face-of-brexit/
shieldbug
10/9/2020
12:21
Apparently Simon Carter was Head of Strategy at British Land when he left in 2015. Not sure if that counts in his favour.
shieldbug
10/9/2020
12:18
British Land plans 700,000sqft new office space at 2 Finsbury Avenue. Simon Carter appointed CEO. Market not exactly ecstatic. hxxps://www.standard.co.uk/business/property-developer-british-land-unveils-major-new-london-offices-proposal-a4537446.html
shieldbug
07/9/2020
17:54
Thanks Essential. Just reinforces my view that this is a time to listen to ones own instinct. It will all make sense with hindsight. Certainly there are plenty of journalists making hay with this topic. For that reason alone one needs to read/listen with great care.
shieldbug
03/9/2020
16:39
Thanks - will check that out
williamcooper104
03/9/2020
16:07
Detailed comment on the company and sector in today's FT Markets Now, for anyone interested.
essentialinvestor
28/8/2020
16:55
It ought to be feasible (although as said at much lower current use values so not without a lot of pain) Would require careful planning There's still plenty of Chinese/HK happy to buy expensive flatsConverting office into resi isn't that hard - plenty of regional secondary offices have been
williamcooper104
28/8/2020
16:47
But to make it worthwhile to convert into resi current use values need to fall considerably - good office is c£1.5k psf - conversation to resi works at max of £1k psf (and probably more like £500-700 psf) So we won't get the upswing until values tank
williamcooper104
28/8/2020
16:46
William, is that feasible in Central London though?. Could some of the office towers in to apartments?.
essentialinvestor
28/8/2020
16:44
The secular adjustment hopefully swings into a normal cyclical swing by huge amounts of office space being converted into residential
williamcooper104
28/8/2020
16:42
Totally agree Last cycle it was much easier even if it did seem like the economy was going to be toast for a long time Far far harder to call WFH/covid Ultimately it's probably just yet another extreme cycle in what's always been an extremely cyclical market The better investors/operators like DLN/GPOR have almost no debt - so they will likely do well out of it - but if you invest in them now you need to be comfortable with what's likely to be volatile ride
williamcooper104
28/8/2020
16:36
William, this is the most challenging time to make a call on London office that I can remember. Cyclical swings are easier to read than potential secular adjustments.
essentialinvestor
28/8/2020
16:29
It can - there was simply just too much of it PE backed chains rolled out mega expansion plans and signed up for high rents They all based their business rates on the then much lower level ratable values and forgot that rates would be rebased to almost 50 percent of the rents they signed up to
williamcooper104
28/8/2020
15:28
yesterday I walked from Aldgate through the city to Aldwych yesterday. Stand out feature was that there are two large construction projects progressing in Leadenhall Street. Surreal considering the whole city is almost empty. 8 Bishopsgate - Stanhope - 770,000 sq ft - 50 storey tower 40 Leadenhall Street - MandG 905,000 sq ft office complex
shieldbug
Chat Pages: 92  91  90  89  88  87  86  85  84  83  82  81  Older
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