By David Parsley2019-07-01T00:01:00
Source: Shutterstock/Alastair Wallace
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.
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