British Land is a UK commercial property company focused on real estate sectors with the strongest operational fundamentals: London campuses, retail parks, and London urban logistics. We own or manage a portfolio valued at £13.6bn (British Land share: £8.9bn) as at 30 September 2024. Our purpose is to create and manage Places People Prefer – outstanding places that deliver positive outcomes for all our stakeholders on a long term, sustainable basis. We do this by leveraging our best in class platform and proven expertise in development, repositioning and active asset management. We have both a responsibility and an opportunity to manage our business in an environmentally and socially responsible manner. Our approach to sustainability is focused on three pillars: Greener Spaces, Thriving Places and Responsible Choices.
Metrics to compare | BLND | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipBLNDPeersSector | |
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P/E Ratio | 23.3x | 18.2x | 8.3x | |
PEG Ratio | 0.20 | 0.16 | 0.01 | |
Price/Book | 0.7x | 0.7x | 0.9x | |
Price / LTM Sales | 7.9x | 6.7x | 3.7x | |
Upside (Analyst Target) | 15.1% | 17.7% | 19.5% | |
Fair Value Upside | Unlock | −1.9% | 3.2% | Unlock |