Business Live with Ian King: Landsec says valuations are stabilising after rise in rates of interest

Join Ian King because the UK’s greatest listed industrial property firm Land Securities stated there have been growing indicators that valuations have been beginning to stabilise following the sharp rise in rates of interest for the reason that finish of 2021.

LandSec, whose property embrace Trinity purchasing centre in Leeds and Bluewater in Kent and which is main proprietor of central London workplace buildings, was reporting earnings of £371million for the yr to the tip of March – down 6% on the earlier 12 months.

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