London close: Stocks slip ahead of central bank decisions

18th Mar 2024 15:33

(Sharecast News) - London markets closed with a slight downturn on Monday as investors monitored upcoming rate decisions from a number of central banks.

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British Land sells 50% stake in former Meta HQ to Royal London

18th Mar 2024 07:12

(Sharecast News) - British Land said on Monday that it has sold half its stake in London office 1 Triton Square - the former HQ of Facebook owner Meta - to Royal London Asset Management.

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London close: Stocks finish mixed after Reckitt compo blow

15th Mar 2024 15:07

(Sharecast News) - London's equity markets finished in a mixed state at the end of a quiet trading session on Friday, after another hotter-than-expected US inflation reading overnight.

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Shore Cap ups rating on British Land, Derwent

15th Mar 2024 10:07

(Sharecast News) - Shore Capital has upgraded British Land and Derwent London to 'buy' in its latest review of the UK real estate sector.

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British Land to steal chair from Marston's

11th Mar 2024 07:22

(Sharecast News) - Real estate group British Land has announced that William Rucker, the chair of Marston's, is to become its new chair designate in the summer and will leave the pub and hotel operator after five and a half years on the job.

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London close: Stocks turn lower on renewed interest rate concerns

5th Feb 2024 16:22

(Sharecast News) - London's financial markets had turned negative by the close of trading on Monday, after better-than-expected UK services data was offset by a downward revision in service activity in the United States.

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Morgan Stanley upgrades Landsec to 'overweight'

5th Feb 2024 09:34

(Sharecast News) - Morgan Stanley upgraded its stance on Land Securities to 'overweight' from 'equalweight' on Monday and reiterated its 'overweight' rating on British Land as it pointed to stabilising property yields.

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Berenberg starts British Land and Land Securities at 'buy'

11th Jan 2024 10:39

(Sharecast News) - Analysts at Berenberg initiated coverage on real estate businesses British Land and Land Securities with 'buy' ratings on Thursday and noted that the groups were still seen as proxies for the UK real estate sector.

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Goldman upgrades Landsec, British Land

5th Dec 2023 07:56

(Sharecast News) - Goldman Sachs upgraded Land Securities and British Land on Tuesday as it took a look at the European real estate sector.

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London close: Stocks make small gains on quiet Thursday

23rd Nov 2023 16:09

(Sharecast News) - London's stock markets saw a positive turnaround by the end of the day on Thursday despite subdued trading activity due to the Thanksgiving holiday in the United States.

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London close: Stocks firmer ahead of key inflation readings

13th Nov 2023 14:33

(Sharecast News) - London markets closed in a resilient state on Monday, maintaining positive momentum from the end of last week after solid gains on Wall Street on Friday.

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British Land bullish on rental guidance after solid first half

13th Nov 2023 08:05

(Sharecast News) - Shares in British Land jumped on Monday after the real estate group upgraded its guidance for estimated rental value (ERV) following a solid first half.

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London close: Stocks finish choppy session in the red

27th Sep 2023 14:13

(Sharecast News) - London's stock markets presented a downbeat picture at the close of Wednesday's trading session.

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Jefferies cuts Reit ratings as office vacancies mount

27th Sep 2023 11:51

(Sharecast News) - Jefferies has downgraded a number of real estate investment trusts, including British Land, on the back of waning demand for office space.

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London close: Stocks mixed on global economic jitters

26th Sep 2023 16:47

(Sharecast News) - Stocks in London ended Tuesday on a varied note, reflecting global apprehensions around the Chinese economy and rising interest rates, while the shadow of a US credit warning from Moody's loomed large.

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