British Land Company (BLND)

Sector:

Property Investment Trusts

Index:

FTSE 250

403.20p
   
  • Change Today:
    -1.80p
  • 52 Week High: 418.60p
  • 52 Week Low: 291.80p
  • Currency: UK Pounds
  • Shares Issued: 927.51m
  • Volume: 1,831,544
  • Market Cap: £3,739.72m
  • RiskGrade: 188

British Land leases Storey space at 155 Bishopsgate to Levin

By Iain Gilbert

Date: Monday 05 Dec 2022

LONDON (ShareCast) - (Sharecast News) - Property developer British Land said on Monday that it will let the entirety of its Storey space at the recently refurbished 155 Bishopsgate to tech recruitment giant Levin to use as its new base of operations in London.
Levin has signed an agreement to lease 23,000 square feet of space at the site, marking the group's third upsize at Broadgate after initially taking Storey space at 1 Finsbury Avenue in 2020 and later taking additional space in the neighbouring unit and at 100 Liverpool Street.

British Land highlighted that the new lease sees Levin consolidate its office space within a single location and also join Maven Securities, Marex and Sumitomo Mitsui in the same building.

Darren Richards, British Land's head of real estate, said: "Levin's trajectory at Broadgate underlines the key strength of our campus proposition, providing businesses with the flexibility to expand as their requirements change, while remaining on the campus and benefitting from the excellent amenities, proximity to key transport links and other innovative businesses.

"This deal builds on the excellent leasing momentum across our campuses in the first half of the year, including strong demand for Storey space where occupancy is at an all-time high of 96%."

As of 0840 GMT, British Land shares were up 0.075% at 401.80p.





Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

British Land Market Data

Currency UK Pounds
Share Price 403.20p
Change Today -1.80p
% Change -0.44 %
52 Week High 418.60p
52 Week Low 291.80p
Volume 1,831,544
Shares Issued 927.51m
Market Cap £3,739.72m
RiskGrade 188

British Land Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
15.74% below the market average15.74% below the market average15.74% below the market average15.74% below the market average15.74% below the market average
18.52% below the sector average18.52% below the sector average18.52% below the sector average18.52% below the sector average18.52% below the sector average
Price Trend
25.07% above the market average25.07% above the market average25.07% above the market average25.07% above the market average25.07% above the market average
53.33% above the sector average53.33% above the sector average53.33% above the sector average53.33% above the sector average53.33% above the sector average
Income
57.12% above the market average57.12% above the market average57.12% above the market average57.12% above the market average57.12% above the market average
53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average
Growth
63% below the market average63% below the market average63% below the market average63% below the market average63% below the market average
64.29% below the sector average64.29% below the sector average64.29% below the sector average64.29% below the sector average64.29% below the sector average

What The Brokers Say

Strong Buy 6
Buy 4
Neutral 7
Sell 1
Strong Sell 1
Total 19
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

British Land Dividends

  Latest Previous
  Interim Final
Ex-Div 23-Nov-23 22-Jun-23
Paid 05-Jan-24 28-Jul-23
Amount 12.16p 11.04p

Trades for 17-May-2024

Time Volume / Share Price
16:35 1,727 @ 403.20p
16:35 3,291 @ 403.20p
16:35 1,223,727 @ 403.20p
16:35 90 @ 403.20p
16:35 2,062 @ 403.20p

British Land Key Personnel

CEO Simon Carter
CFO Bhavesh Mistry

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