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11% drop in value of British Land’s portfolio

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  • 11% drop in value of British Land’s portfolio

    British Land, which owns retail, office and business-park developments throughout the UK, has reported a fall in portfolio valuation of 10.8% over the six months to the end of September 2008.Offices in the City of London, which represent almost 29% of the total portfolio, fell in value by 14.1%.British Land, which is the UK’s second-biggest [...]

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