British Land: property slump is far from over

Summary


THE head of British Land today warned that the property slump is far from over after the developer racked up losses of Pounds 3.9 billion.

Chief executive Chris Grigg, a former employee at Goldman Sachs and Barclays Commercial Bank, said property values will continue to fall this year.

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Extract


British Land: property slump is far from over

It came after British Land, which owns 201 Bishopsgate and B...

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