Full Year Results 

British Land losses soar as retail values plummet

British Land losses soar as retail values plummet

The magnitude of the decline in British Land’s (BLND) retail portfolio comes as little surprise given the dire set of full-year trading figures from close rival Land Securities released earlier this month. The value of the commercial landlord’s retail assets fell by more than a quarter, with the impact of store closures responsible for a decline of between 6 and 7 per cent alone, and estimated rental values were down 11.7 per cent.

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