Weather Morning: 10°c Sunny spells Afternoon: 11°c Sunny

News

HEADLINES:
RSS

British Land Co. plc

Latest articles

British Land lures pair after exodus

04.11.09
British Land today lured two of Europe’s top property veterans to beef up its management team after being rocked by a boardroom exodus ... more

British Land defections trigger downgrade from blue-blooded Caz

14.10.09
Troubled times ahead for British Land, down 4.8p at 467.6p, after main board director and head of retail Andrew Jones and two of his top executives left as exclusively revealed in last week’s Evening Standard ... more

Four reasons ambitious three left British Land in the lurch

09.10.09
Chris Grigg is in deep trouble. The 49-year-old former banker, who joined British Land as chief executive in January, has lost three members of the eight-strong team which runs the UK’s second-biggest property company day-to-day. It gets worse. The three defectors run the entire retail side of business, which accounts for 56% of the £8.6 billion portfolio. ... more

Stars quitting British Land to found rival property firm

08.10.09
British Land is on the verge of turmoil after it emerged that three of its most senior directors are about to quit ... more

A painful rebuild ahead for property

25.09.09
People say the property sector is on the mend, but that is taking a lot on trust... more

British Land's sale slashes its debts

18.09.09
British Land finally sells half its stake in City of London office complex Broadgate - giving it the firepower to embark on a £1 billion spending spree.... more

British Land lifts hopes of a turnaround as slide eases

18.08.09
Developer and landlord British Land today stoked hopes that the worst of the property slump is over but remained tight lipped over the expected sale of half its Broadgate office estate in the City ... more

Bid talk buoys British Land

14.08.09
Shares in Britain’s biggest landlords surged on speculation that a consortium of high-profile investors, including the Indian steel tycoon Lakshmi Mittal, are looking to buy property giant British Land ... more

UBS may scale down London offices after axing hundreds

19.06.09
UBS, which has axed hundreds of jobs in its London investment banking hub at Broadgate, is considering reducing the office space it leases there... more

British Land: property slump is far from over

21.05.09
The head of British Land warned that the property slump is far from over after the developer racked up losses of £3.9 billion ... more

British Land plummets on fears it has to dash for cash

08.05.09
British Land claimed the wooden spoon on the Footsie today amid concerns the City landlord may have to launch a second dash for cash... more

Euston's £1bn makeover hits the buffers in credit crunch

24.04.09
A £1billion redevelopment of Euston railway station has been put on ice because of the economic crisis, it has emerged... more

British Land lifted by Mitsubishi move

08.04.09
Japanese financial group Mitsubishi agreed to relocate two subsidiaries in the City of London in the biggest deal for the commercial property market this year... more

British Land sells Abbey HQ to parent Santander

03.04.09
British Land has sold the Abbey headquarters on Euston Road to the bank’s Spanish parent Santander for £115 million... more

Bullish fund managers build up property sector

25.02.09
There are signs the property sector may be enjoying a spot of massage by fund managers as the month draws to a close.... more

Ratings cuts spell more Lloyds misery

17.02.09
Lloyds Banking Group continued to be rocked by last week's warning of losses totalling £11 billion at its recently acquired HBOS subsidiary ... more

More Lloyds misery after cuts in ratings

17.02.09
Lloyds Banking Group today continued to be rocked by last week's warning that losses may total £11 billion at its recently acquired HBOS subsidiary. ... more

Big share giveaways that are built on shaky ground

13.02.09
British Land yesterday produced a set of third-quarter results that pretty much guarantees new chief executive Chris Grigg won't match the £948,000 bonus paid to his predecessor Stephen Hester last year.... more

Property firms pass the begging bowl

13.02.09
Property: Pleas from Hammerson and British Land for more than £1.3 billion from shareholders this week are expected to open the floodgates for a host of similar moves as property firms cope with tumbling prices... more

British Land looks to raise £740 million trhough rights issue

12.02.09
Property: UK property heavyweight British Land is looking to raise £740 million of equity through a two-for-three rights issue it hopes will quell the risk of a financial covenant breach and bankroll an opportunistic acquisition spree... more

Property pair raise £750m to cut debts

28.01.09
Property: Beleaguered property developers British Land and Land Securities are to sell stakes in two of Britain’s biggest shopping centres for £750 million to help pay off debts ... more

British Land £1.3bn in red but still 'in a position of strength'

19.11.08
Property: City office blocks giant British Land has plunged £1.3 billion into the red as the crash in property values continues to ravage the sector.... more

Gallows humour — now everyone wants a bailout

17.11.08
After the bailout of the banks and pressure on Barack Obama to save General Motors, everyone wants a helping hand from the state... more

How Hester avoided the pitfalls at British Land

24.10.08
So what will Stephen Hester will do at RBS? Those seeking clues will naturally take an interest in how the former head of Abbey house-cleaned this rather dusty property company during three years of boom and one year of bust... more

Hester decides to bank on a property rally

20.10.08
Stephen Hester, the boss of British Land and the soon-to-be chief executive of Royal Bank of Scotland, has called the bottom of the property market, claiming it will be “some time next year”... more

British Land loses £572 million over just three months

14.08.08
Developer and landlord British Land have reported heavy losses after the value of its multi-billion pound property portfolio fell another 5%... more

A big question for British Land

19.05.08
It is hard to be optimistic about commercial property, given what is happening to the economy... more

Now Ritblat says property troubles will last all year

12.05.08
Grand old man of British property warned that market downturn will last longer than he predicted... more

Don't Miss
  • Berlin Wall

    Sex, lies and the Stasi

    On this day in 1989 the Berlin Wall was finally breached, ending the reign of East Germany’s feared security service. Here Anne McElvoy, who spent much of the Eighties in the city, recalls her encounters with the spooks
  • George Pringle

    The geeky-girl solo artists descending on the music scene

    Kookiness is what sells music these days and these opinionated artists have it in spades, says Jasmine Gardner

Top Gun Val Kilmer's arty mission to save the world

The Iceman cometh to the arts. Val Kilmer has been in London this week on what he terms "an art safari"

All stories


Promotions

The Open University

Every year The Open University helps thousands of professionals progress in their careers.


Win the Best Seats

In London theatre when you vote for your favourite celebrity spec wearer.


Breast Cancer Care

Donate £1 and leave a message of support for a loved one in the Swarovski Garden of Wishes.


Win an iPodTouch

With Courvoisier when you share your thoughts on this week's cocktail.