By David Parsley2019-07-01T00:01:00
The UK’s biggest listed property companies have taken a hit of £2.7bn in the past year as the number of high street chains seeking company voluntary arrangements (CVAs) or falling into administration increased, new figures have shown.
Listed propcos made the £2.7bn in write-downs on the value of their properties, compared with just £232m the year before, according to Growthdeck Property’s investment arm.
You must be logged in to continue
Register for free to finish this article
Registration includes the following benefits:
To access this article REGISTER NOW
Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.