A solid portfolio for British Land as commercial property market recovers | Mail Online
British Land yesterday became the latest developer to benefit from the recovery in the commercial property market.
The company said its portfolio of offices and shops rose 6.9 per cent in value in the 12 months to the end of March.
Profits increased by 2.8 per cent to £256million and net asset value per share – a key measure of health for property developers – jumped 12.5 per cent to 567p.
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