Profit-Takers Move in On Ramshackle Property

Summary


PROPERTY shares came under the hammer today after British Land cautioned that the commercial market had showed signs of slowing.

The UK's second-largest real estate investment trust failed to live up to expectations, and warned that the property investment case can no longer rely on "further positive yield shift".

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Extract


Profit-Takers Move in On Ramshackle Property

That gave investors food for thought. Many of them chose to take profits, having enjoyed a good run in recent months as the big property companies moved to take advantage ...

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