British Land: building momentum and breaking ground
Matt Britzman, senior equity analyst, Hargreaves Lansdown: “British Land is laying solid foundations for recovery, proving that even in challenging markets, a giant landlord can still think on its feet. Rent growth is driving revenues forward while stabilising interest rates are helping to steady property values. The focus on retail parks and London campuses continues to deliver, tapping into areas of strong, sustainable demand.
Retail parks are the clear standout. British Land’s recent £441m acquisition of seven new parks was a bold move, cementing its position as a leader in this space. These assets, prized for their affordability and flexibility, are benefiting from a wave of retailer expansion, and British Land’s confidence here looks well-placed.
Development is also firmly back on the agenda. With key projects progressing across campuses and urban logistics, British Land is positioning itself to capture future growth in undersupplied markets. After a tough few years for the sector, British Land looks ready to build its way into an improving market.”
