Operating & Financial Review
Objectives
British Land’s primary objective is to produce superior, sustained and secure long-term shareholder returns from management of our chosen real estate activities and their financing.
The bedrock of our strategy is:
- to focus on areas of competitive advantage
- a bias to high quality assets, with long lease profiles and favourable demand and supply characteristics, complemented by an efficient capital structure
- a distinctive ability to add value through purchases, disposals and partnerships
- excellent integrated risk management skills – blending leasing, development, asset and liability risk into a single attractive and secure growth proposition for shareholders
- superior long-term income/cash flow growth
- a confident, entrepreneurial and, where justified, contrarian culture.
How British Land will evolve
We plan to develop further:
- the intensity of our asset management activities, with increasing focus on our customers
- the disciplined process of regular review of our assets’ prospective performance, as individual properties and the portfolio composition, making changes as appropriate
- our human capital, managing change and renewal, while maintaining focus on performance for shareholders
- the Company’s positioning at the forefront of investor friendly behaviour
and so to build on our strong record of value creation for shareholders.