PropertyEU

British Land prepares to ride out downturn

By A staff reporter 2008-05-20T00:00:00

UK REIT British Land has announced a decrease in portfolio value of 10% in 2007 along with a 20% drop in net asset value per share. On the plus side the company's underlying earnings per share were up 23%, driven by strong demand, high occupancy, rising rents and controlled costs. ...

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