are property prices on the way down because blnd is showing a slide to the down side

Fairly safe. 30p dividend = 4.9% yield at £6.13.

Looking to hold long term, collect the dividends and watch it rise.

They seem to be very London focused. I wonder if when the big multinationals start relocating their workforce into Europe that BLND might start to struggle to let some of their properties. No immediate worry, but results in a few years might not be so healthy.
The comment "We also look forward with cautious optimism....." sums it up for me.

For the short term range traders. BLND seems to be stuck in a range of 605 to 625 since mid July.
Also a share buyback of £300b going on to support the price.

StockMarketWire.com
British Land acquired the Woolwich Estate, covering 4.9 acres in south east London for £103 million, representing a net initial yield of 4.1%.

The move was said to build on the company's portfolio of places benefitting from the Elizabeth Line, including Broadgate, Paddington Central and Ealing Broadway, and provides significant potential to drive growth and returns.

The Woolwich estate covers 360,000 sq ft of space in central Woolwich. Predominantly retail, it includes over 50,000 sq ft of residential and 3,000 sq ft of office space.

The estate is currently 95% occupied, with an average lease length of under four years, and average rent of £17 psf, providing British Land with an attractive opportunity to strengthen the offer and mix in line with the improving catchment.

Charles Maudsley, Head of Retail, Leisure & Residential at British Land, said: 'This acquisition provides a unique opportunity to create a thriving retail-anchored centre, benefitting from a mix of uses in an exciting, increasingly well connected and rapidly regenerating part of London.'

'We have a long term vision for the estate which will deliver space that works for retailers and their customers; which generates clear benefits for local communities and drives value for British Land.'

'Across our London campuses and our multi-let retail properties, we have developed a clear and distinct advantage in managing mixed use environments with development potential, and in enhancing and enlivening our space through placemaking. This acquisition plays very well to those skills.'

'The Woolwich Estate comprises 56 retail units and has footfall of 6 million. It benefits from an improving local demographic with over 40% of residents falling within the top three most affluent groups, per CACI consumer classification.'

'Coinciding with the arrival of the Elizabeth Line, Greenwich Council are investing £31 million to deliver a new "Creative District" which will transform five historic buildings into theatre and concert space, with offices and restaurants.'

StockMarketWire.com
British Land Group said Tuesday its financial position remained 'strong,' as it further reduced loan-to-value to 26% but the retail market remained 'challenging'.

The company completed the sale of 5 Broadgate for £1bn, in line with book value and increased its share buybacks by £200m.

Leasing activity in Offices had continued to be 'good', with the portfolio 98% occupied and with 64% of the total development pipeline let or under offer, up from 55% at the time of preliminary results in May, the company said.

The retail market remained 'challenging,' however, amid short-term trading headwinds brought on by long-term structural change driven by the internet.

The combined impact of administrations and CVAs since 1 April 2017 was 1.6% of total group contracted rent, up from 1% at the time of the company's preliminary results in May and retail occupancy stood at 96.4%.

The first interim dividend payment for the quarter ended 30 June 2018 would be 7.75 pence per share, an increase of 3.0% on the first interim dividend last year, the company confirmed.