What we do

We are one of the UK’s largest Real Estate Investment Trust with total assets, owned or under management, valued at £12.7 billion, (British Land share £7.9 billion).

The hallmark of the business is a focus on customers, based on a portfolio in prime locations in the UK and more recently in Western Europe. Active management of these assets, purchases and sales and new development activity, tailor the property holdings to meet the needs of occupiers.

The portfolio, focused on the Out of Town Retail and London Office sectors, has the longest leases at average 13 years and occupancy rates at 94%, among the highest of the major UK REITs.

Retail assets account for 67% of the portfolio, 83% of which is located at prime out of town sites. Central London Offices comprise 31% of the portfolio.

Sustainability is at the core of the business - from community involvement in the planning process, through development, refurbishment and management, the aim is to provide attractive buildings that minimise resource use and meet the needs of occupiers today and tomorrow.

British Land at a Glance from the online Annual Report 2009 >

All figures as at 31 December 2009