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British Land property investment values rise

9th February 2010

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BRITISH Land, the UK's second largest property company, has said the value of its total investment portfolio grew by 8.2% to £7.9bn over last quarter.

The company, which owns the new Mersey Shopping park in Speke and the 466,000 sq ft  Debenhams building in Manchester,  reported a 1.4% rise in like-for-like rental income compared with the corresponding quarter to the end of December last year.

British Land also said its net asset value rose to 438p a share in the three month period, above the 425p ana......for the full story register now for free or login below...


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