Previous close | 3.6701 |
Open | 3.6701 |
Bid | 0.0000 x 0 |
Ask | 0.0000 x 0 |
Day's range | 3.6701 - 3.6701 |
52-week range | 3.6700 - 5.7600 |
Volume | |
Avg. volume | 3,488 |
Market cap | 3.473B |
Beta (5Y monthly) | 1.44 |
PE ratio (TTM) | N/A |
EPS (TTM) | -1.3600 |
Earnings date | N/A |
Forward dividend & yield | 0.28 (7.61%) |
Ex-dividend date | 22 June 2023 |
1y target est | N/A |
Meta has paid £149mn to break its lease on a major London development near Regent’s Park as hybrid working prompts big tech groups to pull back on office space. British Land, which owns the building at 1 Triton Square, on Tuesday flagged a short-term hit to earnings as it will now have to find a new tenant for the eight-storey building in a challenging London office market. The news is the latest sign of Big Tech’s determination to reduce costs by cutting office space as more staff work from home.
On Tuesday British Land reminded the market that bricks and mortar retail has not vanished. The diversified UK landlord lifted its outlook for rental growth by a third at its retail parks, to between 3 and 5 per cent. After years of poor returns this sector shows signs of recovery. In fact, retail parks offer one of the sector’s brighter prospects.
Cohen & Steers, Inc. (NYSE: CNS) announced today pending changes to its Global Realty Majors Portfolio Index (GRM) and International Realty Majors Portfolio Index (IRP), effective as of the close of business on August 18, 2023.