Finance

Net tangible asset value slumps as losses rocket at Covid-hit Landsec

By 2020-11-10T08:32:00

Finance generic

Source: Shutterstock/351882113

Net tangible assets per share at Landsec plunged 9.6% during the first half of the year as losses soared after the Covid-19 pandemic led to withheld retail rents.

Despite the disappointing figures the commercial property giant will still reward investors as it reintroduces a dividend.

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