I might apparently live in its Golden Triangle, but I am also happy to keep on avoiding British Land shares
By Chris Bailey | Monday 13 November 2023
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I was not surprised to read that the latest Rightmove (RMV) house price survey was very mixed. I think you can all guess what the tabloid thoughts for 2024 performance are going to be on akin matters. Meanwhile, I see that British Land (BLND) observed in its first half numbers today that it “now expect ERV (estimated rental value) growth at the top end of our previous guidance for FY24”. Has it really bucked the poor housing market trend?
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