britishlandcompany
British Land Company PLC (LON:BLND)’s half year underlying profit rose 12.1% to £120m, reflecting a 10% increase in net rental income, to £210m, driven by a reduction in money set aside for debtors and tenant incentives, as covid-related uncertainty eased. 96% of first half rent was collected. [soros] Q3 2021 hedge fund letters, conferences and more Including the upwards revision of the value of its property portfolio, the group reported a £370m profit after tax, compared to a £730m loss last year. So far this year, the group’s made £501m worth of acquisitions. Several logistics purchases mean...
ValueWalk
Since 17 May, British Land Company PLC (LON:BLND)’s footfall and sales have been running at 86% and 94% of pre-pandemic levels across its Retail portfolio. Q2 2021 hedge fund letters, conferences and more 85% of total rents have been collected for June, and rent’s being collected at a faster rate than the previous two quarters. The shares rose 1.1% following the announcement. Retail Sales At British Land SurgeSophie Lund-Yates, Senior Equity Analyst at Hargreaves Lansdown commented: “We’re seeing a retail resurgence, with sales reaching 94% of pre-pandemic levels across British Land’s retail p...
ValueWalk
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