British Land Co. plc seeks acquisitions. "What we've said, and what we've seen so far, is that we're seeing real recycling opportunities.

And by that, I mean deals on both sides, in and out. And I like that because it gives us the opportunity to sell some of the more mature assets, or assets where we may be -- we feel we've taken profit or whatever. And to invest in opportunities that we think give us more growth for the future.

So that in and out, I think, is good business for British Land. You've heard me say before that, if circumstances do arise where we thought there was an opportunity that made it appropriate to look to our investors for new equity, then A, that's a conversation we would have with those investors, and B, we've been encouraged by a number of investors to have those sorts of conversations. To date, we haven't seen those opportunities, but we'll continue to monitor that situation," said Chris Grigg, Chief Executive Officer, British Land.