​British Land NAV falls as losses rocket to £404m

Chris Grigg

British Land has suffered a 5.4% fall in net asset value (NAV) and plunging losses as the woes of the retail sector had a significant impact on the group’s half-year figures.

 NAV for the six months to the end of September slumped to 856p, while pre-tax losses rocketed from £48m last year to £404m this year.

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