The British Land Company plc is one of the largest property development and investment companies in the United Kingdom. The firm became a real estate investment trust when REITs were introduced in the UK in January 2007. It is headquartered in London, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index and a founding member of the European Public Real Estate Association.
As of 31 March 2019 the company owned a portfolio valued at £11.9 billion. The portfolio includes the Meadowhall shopping centre in Sheffield, which is one of the largest in the UK, and a large amount of property which has been purchased from and leased back to major retailers such as Tesco, Sainsbury’s, House of Fraser and Asda. This includes the Broadgate Estate, one of the largest developments in London over several decades, and Regent’s Place near Warren Street Station.
In 2004 it received planning permission for a Richard Rogers designed skyscraper at 122 Leadenhall Street (known informally as “The Cheese Grater”) in the City of London. Construction of the tower, which is the third tallest building in the United Kingdom, began in October 2007 and was completed in 2014.
In October 2011, the company placed in the number one position, with 135 subsidiaries, on a list of FTSE 100 companies that use tax havens for their operations, as revealed in a database of their subsidiaries compiled for the first time by the development charity ActionAid.
Type: Public limited company
Traded as: LSE: BLND
FTSE 100: Component
Industry: Real estate
Founded: 1856; 164 years ago
Headquarters: London, England, UK
Products: London offices and retail