British Land sees value of property portfolio fall
British Land boss Simon Carter said the values of prime London offices were 'close to the bottom' after a turbulent year for commercial property investors.
Stay updated with breaking news from Simon Carter. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
British Land boss Simon Carter said the values of prime London offices were 'close to the bottom' after a turbulent year for commercial property investors.
LONDON MARKET MIDDAY: Stocks fall and dollar rises as US default looms | Financial News
British Land has seen the value of its commercial property portfolio fall by 12.3% due to the rising interest rate environment. British Land saw an even bigger write down on its London portfolio, with its City of London properties falling by 15%. In total British Land has a £9bn portfolio of properties. The company
Prince Charlotte caught her dad Prince William’s attention during a sweet moment caught on camera
Princess Charlotte joined her brothers and the Prince and Princess of Wales at the Big Help Out in Slough on Monday - where she enjoyed s'mores