The City's Cheesegrater is now fully let
11th Jul 2016 15:19
(ShareCast News) - British Land, alongside Oxford Properties, announced on Monday afternoon that the Leadenhall Building - better known among Londoners as the Cheesegrater - is now fully let. The FTSE 100 firm said current customers Kames Capital, MS Amlin and Rothesay Life committed to take the las
Read moreLondon close: Banks, financials and property fly amid BoE rate-cut chatter
7th Jul 2016 16:38
(ShareCast News) - UK shares flew north with Associated British Foods leading blue chips on a chipper update and chased by a peloton of banking, financial and property stocks on rising expectations of a Bank of England rate-cut next week. "Today marks the first day since the (non-binding Brexit) ref
Read moreFTSE 100 movers: ABF ascends above rebounding real estate and housebuilders
7th Jul 2016 14:18
(ShareCast News) - London's blue chip index was boosted by a bevvy of rebounding financials and property stocks, though they were topped by a surging rise from Associated British Foods. AB Foods danced more than 10% higher after it said the significant weaking of the pound since the Brexit vote had
Read moreMiners and defensives pace gains
4th Jul 2016 14:30
(ShareCast News) - Miners were doing best among the main market groups, with some market commentary referencing the boost to commodity prices from heightened expectations for further monetary stimulus from several of the world´s main central banks, while the Federal Reserve could be expected to stay
Read moreLondon-listed REITs slump as Liberum downgrades on Brexit risks
4th Jul 2016 12:36
(ShareCast News) - Liberum downgraded its ratings on British Land, Land Securities, Intu Properties and Hammerson as it pointed to greater occupier uncertainty in London City offices and retail following the UK's decision to leave the European Union. "Irrespective of economic stabilisers and low int
Read moreITV, Wolseley are Liberum's top-picks in case of Bremain, Brexit
20th Jun 2016 09:25
(ShareCast News) - Depending on whether the UK finally decided to 'Remain' or 'Leave' then different London-listed securities were likelier to 'outperform' their respective sectors, Liberum said. The broker's 'top-picks' under a 'Remain', 'Leave' and 'Either way' scenario were, ITV, Wolseley and Bal
Read moreTuesday newspaper share tips: British Land, Marks & Spencer
17th May 2016 12:36
(ShareCast News) - The relative under-performance of British Land's shares in recent months is arguably a tell for heightened risk aversion among investors, says the Financial Times' s Lex column. It pointed to the 23 June referendum that would decide whether the UK continued as part of the EU, and
Read moreBroker tips: HSBC, British Land, Crest Nicholson
16th May 2016 12:43
(ShareCast News) - Shore Capital reiterated its only 'buy' rating in the housebuilding sector on Crest Nicholson as the company released a half-year trading update. The broker said Crest, the most "strategically ambitious" of the larger housebuilders due to its growing focus on the institutional pri
Read moreFTSE 100 movers: Anglo leads and British Land plays catch up
16th May 2016 12:04
(ShareCast News) - The FTSE 100 had crawled to positive territory with around an hour left of Monday's session, helped by a positive start across the Atlantic. Miners led the charge among the blue chips, taking seven of the top ten spots as some market commentary suggested that disappointing Chinese
Read moreNumis reiterates 'add' rating for British Land
16th May 2016 09:28
(ShareCast News) - Numis reiterated an 'add' rating and target price of 770p for British Land after the company reported its full year results. British Land said underlying profits rose to £363m from £313m driven by successful leasing activity and lower financing costs, while net asset value (NAV) j
Read moreBritish Land full year NAV up as market confidence holds
16th May 2016 07:03
(ShareCast News) - Full year underlying profits at British Land rose to £363m from £313m driven by successful leasing activity and lower financing costs, while net asset value jumped to 919p from 829p. Pre-tax profits on an IFRS basis fell to £1.3bn from £1.78bn. Earnings per share fell to 131.2p fr
Read moreFriday newspaper share tips: TalkTalk, British Land, Land Securities
13th May 2016 11:52
(ShareCast News) - TalkTalk has recovered nicely following the hacking scandal that hit the company but they've come far enough, absent a takeover offer which is now appears unlikely to materialise, The Times's Tempus said. The biggest worry for shareholders is that the operator might be under th
Read moreFTSE 100 movers: Property drags on buoyant mining
11th May 2016 13:32
(ShareCast News) - The FTSE was underwater but working it was back to dry land late on Wednesday, as the index's raft of heavyweight miners were buoyed by commodity prices. With an hour's trading left in the day, the blue chip index was down 0.1% at 6,150, with property developers causing the bulk o
Read moreBroker tips: RBS, Bovis Homes, British Land
10th May 2016 13:11
(ShareCast News) - Royal Bank of Scotland was still on track to generate considerable surplus capital in the medium-term, but the exact amount and timing of any distribution were uncertain, HSBC said. Possible delays to the separation of Williams&Glyn meant the lender might breach its State Aid Comm
Read moreBrexit risks already priced into British Land shares, Citi says
10th May 2016 10:25
(ShareCast News) - Some of the recent negative trends at British Land would revert in the second half of the year and the risk of Brexit was already priced into its stock, Citi said. Analyst Aaron Guy stuck by his 'buy' recommendation on the shares on Tuesday, heading into the London-based property
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