Finance

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

By 2019-11-13T08:33:00

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.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Try Property Week For Free to finish this article.

Sign up now for the following benefits:

  • Unlimited access to Property Week
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue