British Land Annual Report & Accounts 2008

Beyond Buildings

Financial Statements

Highlights

Underlying profit before tax – £284 million
Net asset value per share – 1344 pence
Dividends per share – 35.00 pence

Chairman's Statement

What a difference a year makes! A year ago, real estate markets were close to all time highs…

Chief Executive’s Statement

In difficult times, it is popular to retreat to the maxim that real estate is a long-term business and should be judged as such.

Business Review

Our strategy aims to deliver returns through the high occupancy and rental growth which results from successfully building our business around customer needs.