trending Market Intelligence /marketintelligence/en/news-insights/trending/bXi-9DP3F0cdKsuNyHfGIg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

British Land posts positive Q3'16 results, dividend up 3% YOY

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate CRE Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

British Land posts positive Q3'16 results, dividend up 3% YOY

British Land Co. Plc said its interim dividend payment for the quarter ended Sept. 30, 2016, was confirmed at 7.30 pence per share, reflecting a 3.0% year-over-year increase.

The third interim dividend will be paid May 5, 2017, to shareholders on the register March 31, 2017. The company's proportionally consolidated loan-to-value ratio was at 30.5%, based on September 2016 valuations.

According to CEO Chris Grigg, British Land completed over 400,000 square feet of lettings across the business and is in advance stages of discussions with a wide range of occupiers, reflecting a positive quarter with strong portfolio positioning, and its robust engagement with occupiers and consumers.

Approximately 314,000 square feet of retail lettings and renewals were signed, 8.7% ahead of its estimated rental value, and a further 189,000 square feet is still under offer across its portfolio. Occupancy across the portfolio fell to 97% on the quarter from 98%, while the average lease length was recorded at 8 years.

Additionally, 10 major leasing discussions are underway for 1.4 million square feet of space, according to the Jan. 19 business update.

Earlier in January, the company sold its 50% stake in The Leadenhall Building in London for £500 million in order to channel funds toward the redevelopment of the 520,000-square-foot 100 Liverpool Street-Broadgate.

In retail, the company made £119 million worth of disposals during the quarter, including £85 million from the sale of noncore retail and office assets. British Land also reported that residential sales during the quarter stood at £34 million.