Join our community of smart investors

British Land warns of further decline in rents

The London office giant made strides in its major disposal programme last year
British Land warns of further decline in rents
  • Retail assets drive a 11 per cent decline in the value of the portfolio
  • Further fall in office and retail rents expected

British Land (BLND) shareholders are going to need much patience. The commercial landlord is hurrying to dispose of non-core assets and reinvest the proceeds under two broad themes that it hopes will drive rental growth: office-led mixed use campuses and retail parks and logistics. 

To continue reading...
Join our Community of Smart Investors
  • Independent full-length company analysis
  • Actionable investment ideas and recommendations
  • Expert investment tools and data
  • Stock screens from Algy Hall
Have an account? Sign in