British Land beats profit estimates on AI office demand
British Land reported an annual profit of 294 million pounds as AI and tech firms boosted office demand. The group also maintained its 2027 earnings forecast.
Xurve View
Xurve View
British Land Company reported an annual underlying profit of £294 million ($393.6 million), exceeding market expectations of £291 million. The results for the year ended March 31 reflect a £3 million beat against company-compiled analyst consensus. Rising demand from AI firms like Anthropic for London office space is offsetting slowing rental growth in retail parks.
