Corporate Strategy

British Land’s opportunistic but risk-averse strategy seeks to achieve long-term growth in shareholder value by:

focusing on prime assets in the office and retail sectors;
creating exceptional long-term investments with strong covenants, long lease profiles and growth potential;
enhancing property returns through active management and development; and
maximising equity returns through optimal financing and joint ventures.

The key to high returns is flexibility, both in terms of business organisation and financing to take advantage of shifts in the property market.

Silly point.

Spin bowling - so lethal in the thick atmosphere of Calcutta - is useless in the thin air at higher altitudes. A gentle defensive nudge effortlessly propels the ball to the midwicket boundary. Running between wickets may involve a round trip of several miles...

William Heath Robinson, How Cricket is Played in Mountainous Districts (1924)

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