British Land Co/£BLND
1D1W1MYTD1Y5YMAX
Capital at risk
About British Land Co
British Land Co is a real estate company headquartered in London, UK, specializing in the ownership, development, and management of commercial properties. The company's portfolio includes a diverse range of asset types such as retail spaces, office buildings, and mixed-use environments. Founded in 1856, British Land has established a significant presence within the UK real estate market, emphasizing urban locations that benefit from strong demand drivers. The company is known for its strategic focus on creating value through active asset management and development. British Land's operational strategy often involves sustainable and innovative building practices to enhance the long-term value of its properties.
- Ticker
- £BLND
- Sector
- Real Estate
- Primary listing
- LSE
- Employees
- 611
- Headquarters
- London, United Kingdom
- Website
- www.britishland.com
British Land Co Metrics
BasicAdvanced
£4B
8.58
£0.45
1.18
£0.23
5.95%
Price and volume
Market cap
£4B
Beta
1.18
52-week high
£4.52
52-week low
£3.32
Average daily volume
2.9M
Dividend rate
£0.23
Financial strength
Current ratio
0.32
Quick ratio
0.277
Long term debt to equity
0.442
Total debt to equity
0.531
Dividend payout ratio (TTM)
50.44%
Interest coverage (TTM)
3.22%
Profitability
EBITDA (TTM)
398
Gross margin (TTM)
76.14%
Net profit margin (TTM)
73.70%
Operating margin (TTM)
63.80%
Effective tax rate (TTM)
-0.89%
Revenue per employee (TTM)
£1,010,000
Management effectiveness
Return on assets (TTM)
2.69%
Return on equity (TTM)
7.80%
Valuation
Price to earnings (TTM)
8.583
Price to revenue (TTM)
6.312
Price to book
0.66
Price to tangible book (TTM)
0.66
Price to free cash flow (TTM)
12.583
Free cash flow yield (TTM)
7.95%
Free cash flow per share (TTM)
0.309
Dividend yield (TTM)
5.95%
Growth
Revenue change (TTM)
11.59%
Earnings per share change (TTM)
29.43%
3-year revenue growth (CAGR)
5.95%
10-year revenue growth (CAGR)
-1.60%
3-year earnings per share growth (CAGR)
-26.05%
10-year earnings per share growth (CAGR)
-9.26%
3-year dividend per share growth (CAGR)
0.70%
10-year dividend per share growth (CAGR)
-2.02%
What the Analysts think about British Land Co
Analyst ratings (Buy, Hold, Sell) for British Land Co stock.
Analyst projections of the future price of British Land Co stock.
Bulls say / Bears say
Leasing momentum is strong: in Q1 FY27, British Land completed 567,000 sq ft of leasing at 4.8% above ERV and 8.7% above previous passing rent, with a further 1.1 million sq ft under offer. (British Land Q1 update)
The company’s focused exposure to London campuses and retail parks is translating into earnings growth: FY26 underlying profit rose 5% to £294 million, like-for-like net rental growth reached 6%, and FY27 underlying EPS guidance was upgraded to at least 30.5p. (British Land FY26 results)
Financial flexibility is comparatively robust for a leveraged property company, with £1.6 billion of undrawn facilities and cash, no major refinancing requirement until early 2029, and Fitch affirming its senior unsecured rating at A with a stable outlook. (British Land Fitch update)
Leverage remains a material sensitivity: FY26 loan-to-value rose to 39.2% from 38.1%, while group net debt/EBITDA was 7.7x; higher funding costs could constrain earnings and capital allocation. (British Land FY26 results)
The September 2026 CEO handover introduces near-term execution risk, particularly as British Land is simultaneously pursuing development, leasing and capital-recycling initiatives. (British Land CEO appointment)
The Life Science REIT acquisition required issuing 24.5 million new shares plus £49 million of cash, creating dilution and integration risk while the company continues to fund a 1.6 million sq ft development pipeline. (British Land FY26 results)
Data summarised monthly by Lightyear AI. Last updated on 10 Sept 2026.
British Land Co Financial Performance
Revenues and expenses
British Land Co Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing British Land Co
AllGBPEURUSD
Fund name | Fund size | £BLND weighting |
|---|---|---|
iShares UK Property£IUKP | £391M | 8.19% |
iShares STOXX Europe 600 Real Estate€EXI5 | €58M | 3.39% |
iShares UK Dividend£IUKD | £1.3B | 1.72% |
VanEck Global Real Estate€TRET | €255M | 0.40% |
VanEck Global Real Estate£TREG | £222M | 0.40% |
Latest price is delayed by 15 minutes. Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by London Stock Exchange, through Infront.