British Land Share Discussion Threads

[quepassa] 16/3/2020 09:10

Yes. Agree.

I don't believe that BL and Land have significant resi exposure, that's why I didn't mention resi.

I am more bullish on the prospects for PRIME office and believe Brexit will ultimately be beneficial for the sector with an increasing demand after an extended period of much uncertainty.

I am personally hopeful that PRIME office will weather the current virus storm crisis better than secondary/tertiary office.

ALL IMO. DYOR.
QP

[propinv] 16/3/2020 08:42

QP - would say there is 5. Resi being last.Think 2 of 5 are poor. Think people focus on retail, but office is going to suffer too. Good news is. Everyone is going to want assets.

[quepassa] 14/3/2020 09:46

One needs to look at the focus of their underlying estates and take a view which are better placed to prosper.

The four main sectors are

1.office,
2.retail/shopping centres
3.warehousing/logistics (for internet sellers especially)
4.industrial

Some of those sectors seem very promising. One of the sectors looks pretty bad.

Good Luck All.

ALL IMO. DYOR.
QP

[quepassa] 13/3/2020 10:45

LandSec now yields 6.25%.

Baby thrown out with the bathwater??

[stavros28] 13/3/2020 10:29

As above if the price action starts with a 3 wonderful value.

[propinv] 12/3/2020 23:35

Don't think you are missing anything, just will it get cheaper still and why this stock versus land sec, which probably has better long term funding structure and higher quality assets

[shieldbug] 12/3/2020 17:33

Again at 385p.

[shieldbug] 12/3/2020 12:57

Limit order just went at 399p. Stunning.

[outlawinvestor] 12/3/2020 11:14

Think so too. Lots of companies with decent balance sheets and strong assets getting killed off at the moment, looks like a great opportunity in ISA/JISA portfolio.

[bookbroker] 12/3/2020 11:06

Probably are good value, like many others, but a leap of faith at the moment!

[shieldbug] 12/3/2020 10:53

What is the risk here? Debt obligations do not seem to be an issue. Some retailers may go bust or negotiate CVAs. Looks very cheap or am I missing something?

[propinv] 06/3/2020 16:24

Stavros. Better long term value if starts with 3...

[outlawinvestor] 06/3/2020 13:18

Wow! Clearly not the flavour of the day! Serious sell off happening today! Looks like BLND took the baton from HMSO as the day progressed!

[stavros28] 02/3/2020 23:29

Good long term value when you buy the stock and it starts with a 4 !

[riskblue] 27/2/2020 16:29

Couldn't resist topping up this afternoon at what has turned out to be a nudge above the day low. As a long term dividend play, this seems very good value, if you ignore day to day movements. Time will tell.

[chillpill] 17/12/2019 08:13

Long term asset players will be looking BLND at such a big discount to NAV to buy London real estate on the cheap.

[stavros28] 10/12/2019 09:30

British Land has the better portfolio mix "Essential" ref The Black Hole, RETAIL !

[outlawinvestor] 07/12/2019 09:18

Landlords struggle for festive cheer in retail gloom:

26.8% - drop in new shopping centre leases in the third quarter from the start of the year according to Savills. Ouch!

The piece expects knock on effects from the gating of M&G's fund - a wider run possibly taking down some of the better run funds.

[shieldbug] 14/11/2019 08:45

You have to wonder if Griggs tenure is about done. Nothing against him but with a new chairman it might be the right time to have some new executive leadership to deal with the changing property market.

[essentialinvestor] 14/11/2019 08:30

The LandSec buy case is stronger atm.

[quepassa] 14/11/2019 07:54

Might be worth a look under 450p

[essentialinvestor] 13/11/2019 17:34

Cautions take on British Land by Lombard in today's FT,
some fair points made:

[quepassa] 13/11/2019 15:05

If I did not wish to read your posts you would be filtered -
and the same applies ).

MAJESTIC WINE not your finest work though in fairness ).

All IMV etc.

[essentialinvestor] 13/11/2019 14:57

If I did not wish to read your posts you would be filtered -
and the same applies ).

DLAR not your finest work though in fairness ).

All IMV etc.