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Land Securities hopeful of property market recovery

Posted on 17 July 2009

From Retail-week.com: Land Securities, the UK’s biggest real estate investor, has said that the worst of the rout that has swept through the commercial property market may be over.

The landlord, which owns a total of 1.8 million sq m of retail space worth £4.3bn, has laid out plans to reverse the downward trend that has caused it and almost every other major landlord to sell off large chunks of property and call rights issues over the past year……….Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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