PropertyEU

British Land sees valuation decline slow

By A staff reporter 2009-08-18T00:00:00

British Land, the second-largest REIT in the UK, saw the pace of portfolio valuation decline slow markedly in the first quarter to end-June to an average 3.7%. The UK portfolio shed 3.1% of its value, outperforming IPD by 1%, the company said in a press release on Tuesday.

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