British Land lifts profits and outlook after record leasing year
British Land Company PLC (LSE:BLND) increased annual profit and lifted its earnings outlook after a record year for leasing activity across its London 'campuses' and retail parks portfolio. The FTSE 100 property developer reported underlying profit of £294 million for the year to 31 March, up 5% on the prior year, while underlying earnings per share increased 1% to 28.9p.