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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.40 | -0.10% | 387.60 | 387.80 | 388.20 | 391.00 | 386.40 | 387.20 | 75,661 | 12:03:16 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Real Estate Investment Trust | 418M | -1.04B | -1.1194 | -3.48 | 3.61B |
From May 2019 to May 2024
LONDON--House builder Barratt Developments PLC (BDEV.LN) Wednesday said it will build 1,100 new homes for London via formation of two new joint ventures, and confirmed that it was now targeting 2,000 completions per year from its London business in the medium term.
MAIN FACTS:
-Two further joint ventures (JVs) would bring the gross development value (GDV) of the Group's JVs in the capital to over 2.0 billion pounds.
-British Land (BLND.LN) and Barratt London have secured planning permission for 463 homes, a 160 room hotel, retail and office space at Aldgate Place on the edge of the City.
-Development will include three towers of over 20 storeys as well as public open space and a pedestrian street; It will have a GDV of around GBP250 million and work is scheduled to start early in 2014.
-Progressing a further JV with L&Q, to develop the Sainsbury's site at Nine Elms.
-Site has GDV of GBP425 million with a detailed planning permission for 645 homes, a new Sainsbury's store and 27,000 square feet of retail and office space.
-Shares of Barratt Developments on Tuesday closed at 342 pence, valuing the company at GBP3.35 billion.
-Write to Tapan Panchal at tapan.panchal@dowjones.com
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