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British Land Co PLC (BLND)

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maximan
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British Land Co PLC (BLND)

#197662

Postby maximan » January 30th, 2019, 5:42 pm

Just received a notification that Invesco Ltd registered in Atlanta USA have crossed the 5% threashold and hold 5.08% of the shares. They crossed on 29th January 2019.
https://www.londonstockexchange.com/exc ... l/BLND/139

Arborbridge
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Re: BLND RNS re new holding

#197665

Postby Arborbridge » January 30th, 2019, 5:58 pm

maximan wrote:Just received a notification that Invesco Ltd registered in Atlanta USA have crossed the 5% threashold and hold 5.08% of the shares. They crossed on 29th January 2019.
https://www.londonstockexchange.com/exc ... l/BLND/139


Page not found error.

Is this the one:


https://www.londonstockexchange.com/exc ... 09600.html

maximan
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Re: BLND RNS re new holding

#197666

Postby maximan » January 30th, 2019, 6:01 pm

Arborbridge wrote:
maximan wrote:Just received a notification that Invesco Ltd registered in Atlanta USA have crossed the 5% threashold and hold 5.08% of the shares. They crossed on 29th January 2019.
https://www.londonstockexchange.com/exc ... l/BLND/139


Page not found error.

Is this the one:


https://www.londonstockexchange.com/exc ... 09600.html

Sorry Arborbridge try this link.
https://www.investegate.co.uk/british-l ... 06525936O/

Arborbridge
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Re: BLND RNS re new holding

#197674

Postby Arborbridge » January 30th, 2019, 6:35 pm

Thanks. I think it is probably the same transaction and might account for the slight increase in SP.

idpickering
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Re: BLND RNS re new holding

#197800

Postby idpickering » January 31st, 2019, 5:36 am

Invesco are braver than little old me. I hold BLND, and they account for 2.6% in capital value of my 32 share HYP, so could probably do with a top up. I'm waiting for the Brexit saga to be resolved first.

Ian.

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Re: British Land Co PLC (BLND)

#201907

Postby PinkDalek » February 17th, 2019, 1:07 pm

British Land RNS Announcements may be found here:

https://www.investegate.co.uk/CompData. ... ouncements

https://www.londonstockexchange.com/exc ... 9GBGBXSET1

The “Investors” section of the company’s website is here:

https://www.britishland.com/investors

“Dividends” here:

https://www.britishland.com/investors/dividends

Bouleversee
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British Land/Sainsbury's joint venture

#216908

Postby Bouleversee » April 23rd, 2019, 10:14 pm

ADVFN's morning bulletin carried the following item today:

"British Land said it was selling 12 superstores from its joint venture with Sainsbury's for £429m, representing a net initial yield of 5.0%, to Realty Income Corporation. British Land's share of the proceeds will be £193.5m representing a “modest” premium to September 2018 book value."

This 50/50 joint venture apparently dates from 2008 (https://www.britishland.com/news-and-vi ... 26-03-2008) and I wasn't aware of it till today. I see Sainsbury's s.p. rose 1.19% but BLAND dropped 0.50%. I hold both but neither was doing me any favours so am hoping things will buck up from now on.

Pendrainllwyn
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Re: British Land/Sainsbury's joint venture

#216917

Postby Pendrainllwyn » April 24th, 2019, 12:09 am

I would have thought selling off some of their less attractive assets at a fraction over book value is good news for BLND share price in the long run.

Pendrainllwyn

PinkDalek
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Re: British Land/Sainsbury's joint venture

#216919

Postby PinkDalek » April 24th, 2019, 12:38 am

The press release is here:

https://www.britishland.com/news-and-vi ... 23-04-2019

It includes:

This is the latest example of how we are delivering against our clear long-term strategy to build an increasingly mixed-use business focused on three core elements: campus focused London offices; a smaller, refocused Retail business and Residential, principally build to rent. As part of this, we expect Retail to comprise c.30-35% of the assets of our business, down from around half today. and ... our superstores exposure will fall to 1.3% of our portfolio based on September 2018 valuations with 6 standalone stores remaining..

idpickering
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Re: British Land Co PLC (BLND)

#221684

Postby idpickering » May 15th, 2019, 7:11 am


idpickering
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Re: British Land Co PLC (BLND)

#237691

Postby idpickering » July 19th, 2019, 7:13 am



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