From Apr 09 when I mentioned...
For whatever it's worth,
BLND at 330 pence, dividend yield 6.93%, net yield after 20% withholding tax if that matters to you: 5.55%
LAND at 493 pence, dividend yield 8.15%, net yield after 20% withholding tax if that matters to you: 6.52%

If you liked the idea but felt you missed the boat, British Land is back down around where it was then. Today's range 341.00 - 345.40 pence.
Of course sterling has risen a lot against the dollar since then, so whether it's the same cost depends on which currency you've held since then. And of course you've missed the June divvy ; )

There is no doubt that the real estate business is a tough one sometimes, and the UK economy is not covering itself with glory, but this is considered a pretty big safe company. Not big on malls, if that's your worry, LTV around 38%. Trading around 60% of book. I think it traded around book a decade ago, so about -5% of the rather poor decade of returns is due to multiple compression. There was also a pandemic which wasn't good for retail, and wasn't good for offices.

So I'm not pounding the table, just mentioning it for those who already think it's an interesting idea. I do own some.

Jim