Morgan Stanley downgrades some UK office stocks, sees medium-term headwinds

5th Jan 2021 16:29

(Sharecast News) - Analysts at Morgan Stanley downgraded their view on several UK office stocks in response to expected increases in supply and the structural uncertainties that were still present.

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British Land sells 75% stake in West End buildings for £401m

23rd Dec 2020 07:02

(Sharecast News) - British Land said it had sold a 75% interest in a portfolio of three buildings in the West End to Allianz Real Estate for £401m.

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Monday broker round-up

30th Nov 2020 13:40

(Sharecast News) - Bodycote: JP Morgan downgrades to underweight with a target price of 635p.

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Friday broker round-up

20th Nov 2020 13:13

(Sharecast News) - Quilter: Barclays initiates at equal weight with a target price of 140p.

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British Land reinstates dividend despite widened H1 loss

18th Nov 2020 08:06

(Sharecast News) - Property development and investment company British Land reinstated its dividend on Wednesday despite failing to turn a profit in the first half of its trading year.

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Wednesday preview: Brexit, British Land in the spotlight

17th Nov 2020 16:21

(Sharecast News) - The market spotlight on Wednesday will shift back towards the Continent and Brexit as leaders from the European Union meet via videoconference.

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British Land reinstates dividend as performance improves

9th Oct 2020 07:05

(Sharecast News) - British Land reinstated its dividend after performance at its retail assets improved following the Covid-19 lockdown.

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British Land appoints CFO Carter to replace CEO Grigg

10th Sep 2020 07:37

(Sharecast News) - British Land has appointed Chief Financial Officer Simon Carter as its chief executive to replace Chris Grigg, who will step down after 11 years in the job.

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ITV set for FTSE 100 drop with B&M poised to join

27th Aug 2020 11:24

(Sharecast News) - ITV is set to drop out of the FTSE index with B&M European Value Retail in prime position to replace the broadcaster and join the index of top shares for the first time.

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British Land says 64% of its England stores now open

1st Jul 2020 07:40

(Sharecast News) - Real estate company British Land said on Wednesday that 64% of its stores in England are now open, with like-for-like retail sales in the week beginning 14 June 91% of the same week last year.

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Friday broker round-up

19th Jun 2020 14:21

(Sharecast News) - Domino's Pizza Group: Berenberg downgrades to sell with a target price of 250p.

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Thursday broker round-up

28th May 2020 13:34

(Sharecast News) - Provident Financial: RBC Capital Markets reiterates sector performer with a target price of 195p.

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British Land portfolio value falls 10% as retail drops

27th May 2020 07:01

(Sharecast News) - The value of British Land's property fell 10% in the last financial year pushing the real estate company to a net loss of more than £1bn as the value of its retail sites fell sharply.

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Tuesday broker round-up

21st Apr 2020 13:52

(Sharecast News) - Wetherspoons: Jefferies upgrades to buy with a target price of 1,150p.

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British Land board of directors takes 20% pay cut

16th Apr 2020 11:20

(Sharecast News) - Property development and investment company British Land said on Thursday that its board of directors will waive 20% of their base salaries or fees for three months amid the coronavirus pandemic.

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