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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
  -10.40 -2.03% 501.20 499.70 500.20 510.80 499.80 510.40 1,749,497 16:35:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 468.0 -1,053.0 -111.2 - 4,645

British Land Share Discussion Threads

Showing 2101 to 2125 of 2300 messages
Chat Pages: 92  91  90  89  88  87  86  85  84  83  82  81  Older
DateSubjectAuthorDiscuss
01/10/2019
15:13
15 year program. Its not like they need to fund the whole lot in one go. First phase on site next year. Haven't seen anything specific on financing Canada Water, but it would be no different to their ongoing program of developments. Some funds will likely come from 5 year plan to reduce retail from 45% to 30-35% of portfolio. 2021, 2022 and 2024 have significant debt maturity but other years are quite modest. In the panel discussion of the recent investor presentation Grigg says that their instinct is to make a start on Canada Water unless something catastrophic happens with Brexit. At the same time he said he thought some of their competitors had been expecting a drop in the market and that they would be able to restock - but that hasn't really happened. Have to wait and see how that plays out.
shieldbug
01/10/2019
07:23
Yes - 15-year program over 53 acres. Financing??
jonwig
01/10/2019
07:15
Planning approved! Sounds very exciting!
outlawinvestor
27/9/2019
16:51
News on Canada Water planning application next Monday. If its not delayed.
shieldbug
27/9/2019
15:46
If I understand this correctly - There are currently 929.5m shares - approx 105m shares bought back over 3 years. So there would have been about 1034.5m shares prior to buy backs. There are now 10% fewer shares in circulation. Not sure how many shares the management have awarded themselves in the meantime. Assuming it is negligable (which it might not be) EPS should have improved by 10%. Of course in reality there will be less earnings because they sold £620m worth of properties to pay for the buy backs. Or these buildings may have been replaced with development in the meantime. (£620m is more than 10% of current market cap.) In reality EPRA earnings dropped from 37.9p to 37.5p to 35p from 2017 to 2018 to 2019. Of course not all of the money from property sales has gone to buy backs. They are also upgrading the quality of the portfolio which is important for future earnings.
shieldbug
27/9/2019
13:47
I should calculate it myself but wonder aloud how it has impacted EPS.
outlawinvestor
27/9/2019
13:19
£125m Buy back completed today 2019/20 - £125m 23,795,110 shares averaging 525p 2018/19 - £200m 33,672,430 shares averaging 594p  2017/18 - £292m 47,607,139 averaging 630p   All that lot is supposed to have improved NAV/share by more than 20p..
shieldbug
26/9/2019
17:26
British Land agrees to withdraw legal challenge to Monsoon Accessorize's CVA hxxps://news.sky.com/story/british-land-drops-bid-to-derail-monsoon-rent-cuts-11820065
outlawinvestor
20/9/2019
08:34
FYI: HSBC today downgraded both GPOR and DLN from hold to reduce and cut price targets.
outlawinvestor
18/9/2019
12:08
Analyst and investor day - Video will be available on Monday September 23rd.
shieldbug
18/9/2019
10:43
May well do, however NAV may fall to meet the SP, it does not need to be an upwards direction.
essentialinvestor
18/9/2019
10:34
Bought these a while ago for my post Brexit value portfolio. On a 3 year view it will revert to NAV.
chillpill
18/9/2019
07:16
Snippet from RNS Operational Update To coincide with the event, British Land provides updates on a range of key operational statistics for the period since 1 April 2019. Further strong progress on Campus Leasing At 100 Liverpool Street, Bank of Montreal have committed to 60,000 sq ft. SMBCE have committed to a further 22,000 sq ft, taking their total occupation to 184,000 sq ft. Our committed development pipeline is now 85% let or under offer, securing GBP54m of future rent. Including the near term pipeline of 866,000 sq ft, comprising 1-2 Broadgate and Norton Folgate, we expect our development pipeline to deliver future development profits of c.GBP300 million. Continued good performance in a challenging Retail market Retail leasing activity for the 5 months to August 2019 has totalled 500,000 sq ft, generating headline rents of GBP7.2 million, maintaining high occupancy of 97%. On average, deals were 3% ahead of ERV and reflect a 2% premium to previous passing rents. We have continued to outperform operational benchmarks for the quarter ended June 2019 with like-for-like retail sales up +1.1%, outperforming the benchmark by 520 bps, with footfall broadly stable at -0.2%, outperforming the benchmark by 420 bps.
outlawinvestor
17/9/2019
15:31
chart looks good for a rapid return to £6 short term
pb01
15/9/2019
15:29
Going back to £8 this share. Very slowly but will.
soilderboy
13/9/2019
19:12
Thanks Outlaw - that makes a good read. Nice to see this before the Analyst & Investor day next Wednesday.
shieldbug
13/9/2019
15:46
Fitch Affirms British Land IDR at 'A – '/Stable; Senior Unsecured at 'A' Https://www-origin.fitchratings.com/site/pr/10089107
outlawinvestor
11/9/2019
21:35
Thanks. Expecting further volatility in the next couple of months then.
shieldbug
11/9/2019
20:09
Simply beneficiaries of a rising tide in the financials sector? Due to increased optimism that the govt's no-deal agenda will be thwarted?? The Scottish Courts ruled today that prorogation was unlawful. If the govt loses on appeal Parliament will be recalled. I think INTU's rise is a mirage and will unravel quickly in the absence of follow up confirmation that someone is definitely bidding for it or some of its assets.
outlawinvestor
11/9/2019
20:05
I guess ... 1) Brexid deal chances ticked up a bit, 2) Some talk of fiscal stimulus in UK, Europe (as opposed to QE): bond yields have risen. 3) Maybe most likely jus a rally.
jonwig
11/9/2019
19:46
BLND 4% rise today. Intu up 9%. Anyone with a view on why? Just oversold?
shieldbug
11/9/2019
08:42
Bloomberg are reporting a switch from momentum to value in the US. Wheels coming off WeWork hype probably also helping the sector.
shieldbug
10/9/2019
13:08
BLND up over 2% today - real estate being lifted in the JD Sports up-draught today? (Intu up 3.4%)
shieldbug
06/9/2019
06:44
BLND kicks against Monsoon CVA! Https://www.cityam.com/british-land-files-legal-challenge-against-monsoon-accessorize-cva/
outlawinvestor
02/9/2019
11:18
From news feed on IG platform. British Land Company Plc : Morgan Stanley cuts price target to 530p from 600p
outlawinvestor
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