PropertyEU

Land Securities sees EUR 5.2 bn wiped off portfolio value

By A staff reporter 2009-05-13T00:00:00

Land Securities reported on Wednesday that the value of its portfolio fell by £4.7 bn (EUR 5.2 bn) or 34% in the 12 months to end-March 2009. The largest real estate investment trust (REIT) in the UK booked a pre-tax loss of £4.7 bn compared to a loss of £988 ...

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