London close: Stocks rise as BoE holds interest rates
20th Jun 2024 16:16
(Sharecast News) - London stocks ended Thursday on a positive note following the Bank of England's decision to maintain interest rates, aligning with market expectations despite the backdrop of decreasing inflation.
Read moreBritish Land CFO to join Kingfisher
17th Jun 2024 07:02
(Sharecast News) - B&Q owner Kingfisher said it had appointed British Land chief financial officer Bhavesh Mistry to the same role at the home improvement company.
Read moreBritish Land reports strong rental growth, fall in net tangible assets
23rd May 2024 09:26
(Sharecast News) - British Land highlighted strong rental growth and stable values in the second half of the year in its final results on Thursday.
Read moreBritish Land reports robust second-half rental growth
22nd May 2024 08:03
(Sharecast News) - British Land reported robust second-half rental growth and stable property values in its final results on Wednesday, as its underlying profit rose 2% to £268m, while underlying earnings per share increased 1% to 28.5p.
Read moreBritish Land disposes of Meadowhall asset after 25 years
20th May 2024 07:34
(Sharecast News) - Real estate investment trust British Land has its 50% stake in Sheffield retail destination Meadowhall for £360m, offloading an asset it has held for 25 years.
Read moreLondon close: Stocks rise as US payrolls come in weaker
3rd May 2024 16:52
(Sharecast News) - London markets closed positively on Friday, as investors digested slower-than-expected payrolls growth in the US, while Anglo American jumped amid anticipation of a potential bidding war for the mining giant.
Read moreLondon 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.
Read moreBritish 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.
Read moreLondon 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.
Read moreShore 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.
Read moreBritish 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.
Read moreLondon 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.
Read moreMorgan 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.
Read moreBerenberg 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.
Read moreGoldman 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.
Read more