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Values recover at British Land

Values recover at British Land

The key figure to look at from British Land's (BLND) figures for the year to March 2017 is the adjusted net asset value (NAV), which was all but unchanged from a year earlier. This confirms that values have largely bounced back from the post-referendum panic depression, when valuations were plucked out of the air rather than based on transactions, of which there were very few.

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