We give our thoughts on what to expect from companies announcing results week commencing 25 May 2020
Companies reporting w/c 25 May
The British Land Co. Plc (Q4 2020 Earnings Release)
The Covid-19 lockdown has led to many office workers working successfully from home and online retailing flourishing as many high street stores remain closed. Some are beginning to wonder if this could lead to permanent changes in behaviour which might endure once restrictions are eased and could lead to a big shake-up in the commercial property sector. British Land has major holdings of both office and retail space and would be at the heart of that. In these final results investors will probably be more focused on more short term issues such as how rental income is performing, what the company expects to happen to the value of its retail assets and when dividends might return. The market has already had some indication following recent results from peers such as Land Securities.
We currently list British Land Co as a HOLD
All information given including prices, yields and our opinion is correct at the time of publication. Our opinions on investments can change at any time and for our latest view please go to www.share.com. To understand how our Investment research team arrive at their views please read our Investment Research Policy.