British Land

British Land is one of Europe's largest 'real estate investment trusts' (REIT). It gives investors with direct access to a wide range of property assets which it manages, finances and develops, 'delivering security of income as well as capital growth'.

Real Estate Investment Trusts (REITs) are companies which are exempt from corporate taxation on profits from rental income and capital gains on the sale of investment properties. The Government established REIT status in 2007 to remove the tax inequalities between different real estate investors. REITs are required to distribute 90 per cent of their UK property rental profits in the form of property income dividends (PIDs).

Activities

British Land focuses on prime retail and office properties, mainly in the UK, which attract high-quality occupiers committed to long leases.

Each year over 250 million people visit our properties which house over 1000 different organisations. Through our property and finance expertise we attract experienced partners to create environments in which businesses and local communities can thrive.

Tax avoidance

A new tax havens database compiled by the anti-poverty charity ActionAid in October 2011 revealed that British Land had more than 27 per cent of its subsidiaries (184 out of 675) located in tax havens.

PR and Lobbyists

External

• Quiller

• Gordon Simpson - Finsbury

Internal

• Pip Wood -Corporate Communications Director
• Adrian Penfold
• Ben Grove

People

• Dr Chris Gibson-Smith, Non-executive Chairman
• Chris Grigg, Chief Executive
• Lucinda Bell, Finance Director
• Tim Roberts, Head of Offices

Contact

York House

45 Seymour Street

London W1H 7LX

Tel: 020 7486 4466

Email:info@britishland.com

Website:http://www.britishland.com/index.asp?pageid=5