British Land reveals impact of Covid-19 on balance sheet

Simon Carter British Land

British Land has posted a 16.3% drop in the value of net tangible assets (NTA) for the year to the end of March despite the impact of the Covid-19 pandemic.

NTA for the year came in at 648p a share, compared to 773p a year earlier, while losses after tax reduced from £1.1bn to £1bn.

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