Company
LON:BLND
The British Land Company (British Land) manages, owns, finances and develops commercial property. Its focus is on the retail and office sectors.
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The bank’s analysts said: “As with all of our UK real estate coverage, our target price is weighted (75%) in favour of price/book to reflect the frequency of valuation evidence in the UK market”
Chief executive Chris Griggs said Britsh Land remains "alert to potential uncertainties as the Brexit process unfolds"
The UK blue-chip index closed down 19.97 at 7,033, while FTSE 250 shed over 75 points at 18,910
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Aside from the latest consumer price index data, the Day Ahead will also bring updates from the likes of British Land, SSE, Cobham, Smiths Group, and flyBe
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The week ahead includes trading updates from Bovis Homes and Taylor Wimpey, full year results from McCarthy & Stone, interims from Royal Mail, Vodafone and Premier Foods along with a batch of UK data
Barclays' analysts concluded: “We do not know how deep the rabbit hole goes but the retail asset market is experiencing asymmetric downside risk"
The UK blue - chip index finished down 99.8 points at 7,318, while FTSE 250 was also lower
Investments and investor services
The Footsie closed down nearly 92 points at 7,418, while the other major European benchmarks were also lower.
Investments and investor services
DFS and Electrocomponents are set to be among Thursday's highlights.
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The week ahead includes Tesco interims, full-year earnings from DFS Furniture and Ferguson, an Electrocomponents trading update and the US non-farm payrolls report
The FTSE 250 real estate group reported net rental income in the first half had risen 1.6% to £80.6mln, however pre-tax profit for the period was down to £134mln from £145.8mln
In a statement ahead of its annual general meeting, the FTSE 100 real estate group said it retained a strong financial position with its loan-to-value ratio reduced to 26%
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Aside from Royal Mail, the day ahead will also include updates from the likes of broadband and telecoms firm TalkTalk, cheese producer Dairy Crest, and housebuilder Galliford Try
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The week ahead includes updates from Royal Mail, Unilever, Sports Direct, Rio Tinto and Anglo American along with official UK data on jobs, inflation and retail sales
FTSE 250 closed also lower - just shy of 160 points lower at 20,684, while FTSE small cap market shed around 25 points
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The oil sector dominates the corporate news agenda on Thursday but it is also difficult to get away from matters pertaining to the World Cup
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Aside from Whitbread, updates are also due in the week ahead from cruises operator Carnival, packaging firm Bunzl, struggling floorings retailer Carpetright, and pubs operator Greene King
The UK's premier index added over 25 points at 7,712, with resource stocks taking up four of the top five positions.
For the year to the end of March, the FTSE 100-listed firm posted a pre-tax profit of £501mln, up from £195mln a year earlier, as revenue increased to £639mln from £589mln
Investments and investor services
FTSE 100 closed at a new all time high on Thursday, up 0.70% to 7,787
