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Land Securities looks to be bold

13th May 2009

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BRITAIN'S biggest property group Land Securities has said it is prepared to make further "bold" decisions on the timing of developments as it revealed that the value of its portfolio fell by £4.74bn in the year to the end of March.

The FTSE 100 company which owns the White Rose Centre in Leeds and the Victoria Shopping Centre in Harrogate, recently announced a two year delay to the completion of the £650m Trinity Quarter shopping centre it is developing in Leeds with Caddick Developments.

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