0947 GMT - British Land agreeing to acquire Life Science REIT should be welcomed, Peel Hunt analysts Matthew Saperia and James Carswell say in a research note. The acquisition allows for the U.K. real-estate company to extend its science-and-technology footprint in key locations, while delivering enhanced returns for shareholders, the analysts say. "We estimate that the transaction delivers immediate earnings accretion for British Land, at around 1% based on the contracted rent roll and rising to around 3% on the estimated rental value," they say. Peel Hunt maintains its buy recommendation, but increases its target price to 4.90 pounds from 4.70 pounds, reflecting the potential upside in this transaction, the analysts say. Shares trade 0.6% lower at 4.08 pounds. (nina.kienle@wsj.com)

(END) Dow Jones Newswires

January 28, 2026 04:47 ET (09:47 GMT)

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