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Property investor British Land said it has struck a deal to sell its 50% stake in the Meadowhall Shopping Centre in Sheffield for GBP360 million as it continues to fine-tune its portfolio towards...
British Land Co PLC on Tuesday said it is seeing strong operational momentum in the business, with good leasing activity, despite uncertainty in the wider economy. The London-based commercial...
British Land Co PLC on Wednesday said it swung to a loss as its portfolio valuation collapsed. The London-based commercial property development and investment company reported a pretax loss for year... | May 17, 2023
LONDON MARKET MIDDAY: Stocks fall and dollar rises as US default looms | Financial News
British Land to sell London buildings stake Published: Dec. 23, 2020 at 2:13 a.m. ET By Resize icon British Land Co. said Wednesday that it has agreed the sale of a 75% interest in three buildings in the West End of London for 401 million pounds ($535.9 million). The FTSE 100 real-estate group said the sale is to Allianz Real Estate and represents a blended net initial yield of 4.32%, and a premium to the September book value. The deal is expected to close in January. "Having delivered outstanding office space and attracted high quality occupiers, we are thrilled to have secured...