Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
West End offices are the world’s costliest: London’s West End held onto its title as the world’s most expensive office market for the third year in a row, after hot demand and limited supply help push up rents last year
Axa set to take over City’s Pinnacle skyscraper site in £300 million deal: The City of London’s most prominent stalled construction site is to become the Square Mile’s tallest skyscraper after French investor Axa Real Estate lined up a £300 million deal to buy it.
British Land has commenced development of a new 146,000 sq ft office building at Paddington Central. The company acquired the Paddington Central campus early in July 2013 and planning consent for the new property design was originally won back in 2010 .
Real estate investment trust British Land has sold a retail and office portfolio in an off-market deal to Legal & General Property for £219.6m. Kingswood Retail Park in Hull was sold for £58m, with House Fraser in Birmingham sold for £71.4m, while the Grenfell Island office, leisure and retail block in Maidenhead fetched £90.2m
Livingston shopping centres sold for £224 million: Commercial property group Land Securities has sold The Centre and Almondvale West Retail Park in Livingston for £224.1 million.
London at risk of running out of affordable offices, agents warn: London could run out of more affordable, secondary office space, property experts warned, as demand from companies taking up space in the capital continued to gather pace in October.
Property group British Land has confirmed that it has fully let its recently completed development at 39 Victoria Street in London. The letting of the nine-storey building follows a number of others for the company and means its West End office portfolio now has a 96% occupancy rate, up from 88% at 31 March. Tim Roberts, the company's head of offices and residential, said: "We have continued to see good letting momentum across our London office portfolio which reflects the high quality spaces and environments we have created along with improving occupational demand. "With little new product coming to market over the coming years, we are pushing forward with our near-term pipeline."
Category error: There is no shortage of buyers. But superlatives are running low. British Land has just sold 18 Mayfair flats at a record average price of £4,750 per square foot. The term “super prime” for properties costing over £10 million demeans these splendid dwellings. Time for a new elite category of “Ifyoo” properties. If you have to ask the price, you can’t afford one, in other words. Eligible buyers seem to be going through something of a rotation. Russians and Chinese no longer appear in such numbers. Instead, Indians featured prominently among buyers at the Clarges Mayfair development. It would be nice if they were coming to London to escape summer heat like Raj-era Brits vacationing in elevated Simla or Ooty
Hammerson sells Mayfair HQ for £54 million: Hammerson has sold off its last remaining office building as part of a strategy set out two years ago to focus solely on retail property in the U.K. and France.
Hold British Land: British Land, one of the U.K.’s largest real estate investment trusts, said it had completed the sale of a £26 million office property in London’s Soho area to Amazon. The deal underlines the strength of the London property market. But the best of the company’s share price gains might be behind it. The property group manages a £11.9 billion portfolio of property split roughly equally between office space and retail. Last month the company reported results for the three months to the end of June, which indicated that the property market is still in rude health. The group’s shops are almost all let, with retail occupancy having edged up to 98.6%. British Land’s portfolio of retail property makes up 53% of the group total and are spread across the U.K. By focusing on larger shopping centres, which are still proving a draw, the property group was able to report footfall up 2.5% across the first quarter, well above the national average of a 0.8% decline during the same period. The letting activity across the portfolio was also encouraging. The rents that came up for review during the first quarter were increased by 4.8% for retail space and 0.7% for offices. The performance gave the company the confidence to increase the first quarter dividend by 2.5% to 6.92p, ex-dividend October 1 and payable November 7. In the full-year results to March 31 the 2014 net asset value per share was 688p, so the shares are currently trading at a 5% premium to that. The long-term average for U.K. real estate has been for shares to trade at an 11% discount to the net asset value. British Land shares have had a strong run, increasing more than 15% so far this year, well ahead of the wider FTSE 100, which has been flat. British Land at 723p-1p. Questor Says “Hold”.
London office market heats up in July: Office space in central London fell by 21% year-on-year in July as improved business confidence and rising employment prompted more firms to move. Data out by DTZ showed firms had taken up 8 million sq ft in the year to date, up 17% on the same period last year
British Land signs third tenant at West End’s Marble Arch House: British Land has secured a third tenant at Marble Arch House in the West End after signing a deal with NERA Economic Consulting.
Friday 29Mch, was a large price drop, probably profit taking, then it bounced back higher the following week. Interesting to see if this happens again. If so, could present a good buying op for a fast buck.!! Anyway look forward to a nice divi. Got into BHP Billiton, which increased profits by 80%!! With a 57cents divi. Good comments from management, they expect annual increase of 8% for next few years. In 2009, this one was over £45 per share. So nice one to sit on, especially with global economy on the up.
.. I sold 625 without dividend :-(
BNLD will reach 700 this month the way it is soaring.
WILCO. Thanks for that. Do you think Brit/Land will reach seven squid this year? A few years ago, it was at £8p/s.
centrica is doing massve buybacks at the moment 1m shares at a time maybe you'd be interested in buying shares in them too ;-)
We like buybacks. Solid figures out today and a good divi. The share price generally follows good news.
Look at the total equity figures instead 2013 5,687.00 2012 5,104.00 2011 4,930.00 2010 4,208.00 2009. 3,209.00 Also the Net Asset Value 2013 635.42p 2012. 575.42p 2011. 561.50p 2010. 489.85p 2009. 505.40p Revenues are lower as land and property have been sold to reinvest in major projects such as Cucumber and Shard.
First quarter dividend up 2.7% to 6.75p ex date in August following good results Not as much quarterly dividend as SLI but more than Land. Buy on weakness
If you stick to ex- divi means you dont get the divi you wont go to far wrong woodchip , contact the co. and tell them there website cost you money !! You never know your luck they might compensate you ??
Nice rises from recent retreat. This should go all the way back to 650 imo. Good company great dividends, whats not to like. Go land! BTW: Buy before ex dividend? The price always falls by the amount of the dividend anyway. Better to buy when the price is right.
it was on the blnd website saying you had to be a share holder the previous week before the divi not sure if thet inforce it or not ,maybe to stop people pileing in the day before xd
Huge 470 million purchase of development next to Paddington station announced today ..should bode well for the future
Are you one, you could still buy the share today and get the div, but i dont mean woodchip