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

and don't just think about it!

Good point, h.
Lemming, jkd!!!? Surely they can't all be wrong???;o)

you wish!

HC
luv it. glad you get it . good luck.
regards
jkd

Weekend newspapes bulging with news on the speculation.

Saturdays express says up to 10 billion including debt speculative take over, companys market cap over 4 million!!!!!!!!!!.

Prospective Middle East and Asian buyers.

Indian steel tycoon Mittal involved!!!.

Could have a cracking week with this stock. Thats up not down but as halifax says got to be aware of all possibilities.

Still very bullish though.

Conflicting views coming out of sundays rags.

Some say British Land not interested in a T/O but then go onto say tuesdays results should confirm interest in selling off a 50% stake in flagship 2.3 billion City development at Broadgate.

Not sure which is the better ie, a T/O or the sale of Broadgate.

Both seem to be bullish.

don't care! .... anything that drives sp higher will suffice

Indeed indeed cyners.

Been stopped out.

General markets red put the kybosh on this and a lot more.

Suspect jimmy and cyners are correct in their reading of markets been overbought in general.

Only 3 stocks going now.

Might ditch them aswell.

1st quarter results.

Nothing yet then on Broadgate.

Blackstone interested in British Land's Broadgate - Source





LONDON -(Dow Jones)- U.S.-listed alternative investment group The Blackstone Group (NYSE:BX) is interested in buying at least a stake in U.K. real estate investment trust British Land Co. PLC's (BLND.LN) Broadgate development, a person familiar with the talks said.

British Land Chief Executive Chris Grigg said he had received a number of approaches for Broadgate but didn't elaborate or give details of who had made the approacges. He told Dow Jones Newswires that the company is prepared to sell all of the estate, or a stake in it, although it's also a priority for further development.

Broadgate is a prime office development near Liverpool Street Station in London's financial district.

In its first quarter results for the three months to June 30, British Land cut Broadgate's value by 3.9% to GBP2.195 billion. Broadgate's headline estimated rental values, which are an estimate of the rental which a property is likely to command in the open market at a given time, ranged between 36 and 50 per square foot with net initial yield of 7.8% assuming top up of rent free periods and minimum uplifts at first review.

Blackstone at the end of June closed its latest real estate fund, Blackstone Real Estate Partners Europe III, at more than EUR3.1 billion.

British Land also received approaches for its stake in the Sheffield shopping center Meadowhall, "but nothing that would work out so far," the CEO said. It has also been approached about its Leadenhall skyscrapper in London's financial district.

- By James Mawson and Anita Likus, Dow Jones Newswires; +44 20 7842 9268; jmawson@penews.com

Capital and Regional is earning me a fortune.

Surely it cant keep going at this pace???.

bet you wish you had gone in now cyners.

Too many of them spreads putting you off. Having said that I still think you have called the market direction right.

Cheers skinny, missed your post above appologies.

well done sticky ..... CAL has indeed rocketed away, though unclear whether or not any proper reason for that ...... not sure what the price was when you highlighted it 4 days ago, but guess you should be into a clear profit of at least 25/30p

i note that their figures are due out imminently
may be a good idea to take at least some profit beforehand - expectation and news syndrome looks very likely to me

The first quarter update from British Land has left the market unimpressed and prompted broker KBC Peel Hunt to cool on the stock.
Valuation assumptions for the companys portfolio must be severely stretched to justify the current 495p share price, the broker said.

sticky ..... i think i have sent you an e- ..... if you don't get it, let me know

Final Results.

THE BRITISH LAND COMPANY PLC

FULL YEAR RESULTS FOR THE YEAR TO 31 MARCH 2010


Strong valuation and NAV growth underpin strong balance sheet

Portfolio valuation up 13.5%: lettings & ERV growth contributed to 7.5% increase in Q4

NAV per share up 27% to 504p benefiting from leverage

IFRS Net Assets of 4.2 billion (2009: 3.2 billion)

Total return of 33.5% (16.6% in Q4)


Good financial performance

Results affected by significant portfolio reshaping and March 2009 rights issue

Underlying profit before tax down 7% to 249 million, impacted by disposals and development completions

Underlying diluted EPS down to 28.4p (2009: 41.0p) also reflecting rights issue impact

IFRS profit before tax 1,128 million (2009: loss of 3,928 million)

Dividend per share of 26.0p for the year: maintained dividend proposed for 2010/11

New article, click HERE