British Land Company plc
British Land: 2006 results
British Land reported that Net Asset Value (NAV) per share rose 32% to 1486p in the year to March 2006.
Now 150 years old, British Land traces its origins the electoral Reform movement of the mid-19th century, when few people had the vote, but ownership of an interest in land worth £2 in rent per year […]
British Land: Q3 results
British Land reported that net asset value per share (NAV) rose 23.2% to 1390p in the nine months to December 2005. The company’s quarterly report, the first by any UK listed property company, noted that NAV rose 10.7% in Q3 while pre-tax profits for the quarter reached £672m. Pre-tax profits for the nine months were […]
British Land: H1 results
British Land reported an 11.3% growth in NAV per share to 1256p for the half year to September 2005. The growth was above expectations and boosted by the acquisition of Pillar property which added £1.5bn to the property portfolio.
The value of properties owned and managed rose by 32% to £18.3bn, net rental income […]
British Land: Full year results
British Land reported good results for the year to March 2005. Underlying pre-tax profit grew 17% to £174.8m (before gains on asset disposals of £27m) and exceptional items. Reported pre-tax profits (before exceptional items) grew 8.5% to £202m.
Net rents increased by 9.3% to £571.8m, the portfolio valuation increased by 6.5% to £12.5bn. Net asset value […]
British Land
London based real estate company British Land reported improved rental income and operating profits, driven by improving rental returns. British Land is fairly evenly split between Central London offices (40% including a major development in Broadgate) and retail (48% including the Meadowhall Shopping Centre, 88 supermarkets and 66 retail warehouses). The remainder of British land’s […]
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