Key Developments: British Land Company PLC (BLND.L)

BLND.L on London Stock Exchange

767.50GBp
19 Dec 2014
Price Change (% chg)

14.00p (+1.86%)
Prev Close
753.50p
Open
757.00p
Day's High
767.50p
Day's Low
755.00p
Volume
7,095,746
Avg. Vol
3,537,932
52-wk High
784.00p
52-wk Low
606.50p

Search Stocks

Latest Key Developments (Source: Significant Developments)

British Land Company PLC declares dividend
Tuesday, 28 Jan 2014 02:00am EST 

British Land Company PLC:Declares third interim dividend payment for the quarter ending Dec. 31, 2013 will be 6.75 pence per share, a 2.3% increase on the comparable period last year.Says the third interim dividend will be paid on May 2 to shareholders on the register at close of business on Mar. 21.  Full Article

British Land Company PLC sells Eastgate shopping centre in Basildon for 88.6 mln Pounds
Wednesday, 22 Jan 2014 04:25am EST 

British Land Company PLC:Says it has sold the freehold of Eastgate Shopping Centre in Basildon to Infrared Capital Partners for 88.6 mln Pounds.Says the 700,000 sq ft scheme comprises a covered shopping centre, an Asda supermarket, a Debenhams department store, two office buildings and a 696 space multi-storey car park.Says it represented by Strutt & Parker and Cushman & Wakefield acted for Infrared.  Full Article

British Land Company PLC Announces Second Quarter Dividend
Wednesday, 13 Nov 2013 02:00am EST 

British Land Company PLC announced second quarter dividend of GBP0.0675 per share, totalling GBP68 million, is payable on February 14, 2014 to shareholders on the register at close of business on January 10, 2014.  Full Article

British Land Company PLC Sells Stake In Puerto Venecia, Zaragoza, Spain
Thursday, 17 Oct 2013 02:00am EDT 

British Land Company PLC announced that it has sold 50% interest in Puerto Venecia Shopping Centre and Retail Park in Zaragoza, Spain, to Orion European Real Estate III C.V. (a fund managed by Orion Capital Managers) for EUR144.5 million (BL share). The asset was previously owned in a joint venture partnership with them. Puerto Venecia comprises a 890,000 sq ft (82,600 sq m) retail park which opened in 2008 and a 1.4 million sq ft (130,000 sq m) fashion and leisure phase which opened in October 2012.  Full Article

British Land Company PLC Announces GBP200 Million Raised In US Private Placement Transactions
Friday, 6 Sep 2013 03:00am EDT 

British Land Company PLC announced that it has signed terms with two of its existing US investors for the issuance of GBP200 million 12 year notes, which will fund in the first quarter of 2014. The two Sterling fixed rate notes of GBP100 million each have been agreed with New York Life and Pricoa Capital Group, and swapped to an effective floating rate of 3 month LIBOR plus 103bp. The attractiveness of this funding opportunity was enhanced by the ability of the US investors to provide Sterling and to defer draw down, enabling the Group to continue to benefit from historical low margin bank facilities.  Full Article

British Land Company PLC Acquires 50% Stake in SouthGate, Bath for GBP101 million
Wednesday, 4 Sep 2013 02:00am EDT 

British Land Company PLC announced that it has entered into an agreement to purchase 50% of SouthGate in Bath from Multi Southgate (LP) Limited for GBP101 million. The remaining 50% is owned by Aviva Investors. The acquisition is expected to complete by the end of September. SouthGate is a new 430,000 sq ft, prime open air retail scheme next to Bath Spa railway station which forms the south east quadrant of Bath city centre.  Full Article

British Land Company PLC Announces First Interim Dividend-DJ
Wednesday, 24 Jul 2013 02:21am EDT 

Dow Jones reported that British Land Company PLC said the first interim dividend will be 6.75 pence per share, a 2.3% increase on the same period last.  Full Article

British Land Company PLC And Oxford Properties's Joint Venture Exchanges Binding Agreement For Lease With Amlin Plc
Tuesday, 21 May 2013 02:00am EDT 

British Land Company PLC and Oxford Properties announced that their 50:50 joint venture has exchanged a binding Agreement for Lease with Amlin plc for a pre-letting of 111,000 sq ft at The Leadenhall Building, London, EC3. The letting represents approximately 20% of the office space in the 610,000 sq ft tower which is under construction and on programme for delivery in mid-2014. Amlin will occupy levels 18-24 and level 45 of the 47-storey building on 20 year lease terms with tenant break options providing an average lease term of 14 years to first break. The average rent will be £62.75 per sq ft. Amlin also has options to take up further space totalling up to 36,760 sq ft. Up until September 2013 Amlin also has the option to choose not to take up a lease on level 18, which would reduce the base take to 95,000 sq ft. he Leadenhall Building is now over 51% pre-let. Occupying a prominent position opposite Lloyd's of London, it is already established on the London skyline and recognised as a new icon for the city.  Full Article

British Land Company PLC Proposes Final Dividend
Tuesday, 14 May 2013 02:00am EDT 

British Land Company PLC announced that the Board has proposed a final dividend of 6.6 pence, bringing the dividend for the full year to 26.4 pence, an increase of 1.1% contributing to a total accounting return of 4.6%. The dividend is payable on August 9, 2013 to shareholders on the register at close of business on July 5, 2013.  Full Article

British Land Company PLC Signs Digital Joint Venture with BT
Thursday, 9 May 2013 02:00am EDT 

British Land Company PLC announced that it has signed a digital joint venture agreement with BT to to find a solution to deliver wi-fi offering at a number of its open air shopping parks.  Full Article

Britain's FTSE extends rally on bullish company updates

EDINBURGH, Nov 18 - Britain's blue-chip index edged higher on Tuesday, adding to weeks of gains after bullish updates from British Land and insurer Prudential .

Search Stocks