British Land: Shares Back On Sale Amid A 'Higher For Longer' Outlook
Source: SeekingAlpha
2025-01-23 02:30:00 ET
Summary
- Shares of British Land have done well since my opening piece back in 2023.
- Rents are growing, and portfolio yields are stabilizing now that interest rates are off their peak.
- These shares have given back some of their gains in recent months. Yielding over 6% and with analysts forecasting growth, they look decent value with or without multiple expansion.
I thought British Land (BTLCY)(BRLAF) looked pretty beat up when I first covered it in 2023, with rapidly rising interest rates hammering this REIT down to multi-year lows....
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British Land: Shares Back On Sale Amid A 'Higher For Longer' Outlook
British Land Co plc
NASDAQ: BRLAF
BRLAF Trading
0.0% G/L:
$5.301 Last:
1,000 Volume:
$5.301 Open:
