|Bid||6.14 x 0|
|Ask||6.24 x 0|
|Day's range||6.14 - 6.22|
|52-week range||5.39 - 6.75|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Stop raiding the fridge and get back to the workplace, says Boris Johnson. The UK prime minister is not alone in fretting about office occupancy rates, which are about a quarter of pre-pandemic levels. British Land is undaunted.
British Land, one of Britain’s biggest commercial property landlords, said it was leasing space at the fastest pace in a decade as tenants bet on the future of work and shopping. The company said demand was coming from big corporate occupiers looking for modern offices, which they hoped would be an asset as they competed for staff and were increasingly a necessity for businesses that had pledged to reduce carbon emissions. British Land leased more than 700,000 sq ft of space to three blue-chip firms in the period: estate agency JLL, law firm Allen & Overy and Meta, Facebook’s parent company.
Artist's impression of the Canada Water Masterplan development (Source: British Land)SINGAPORE (EDGEPROP) - UK property company British Land has sold a 50% stake in the Canada Water Masterplan, its 53-acre regeneration project in Canada Water, London, to Australian superannuation fund AustralianSuper for GBP290 million ($519 million).Following completion of the sale, British Land and AustralianSuper have formed a 50:50 joint venture for the development of the project. The transaction values Brit