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Landsec property values slide as UK retail crisis bites.
The company, whose holdings include a stake in the Bluewater Shopping Centre in Kent, said its assets declined in value by £557m to £13.8bn, led by a 15.5 per cent drop in the value of its retail parks and an 11.7 per cent fall for its shopping centres. The value of the group’s assets had slid by £91m in the previous year.
https://www.ft.com/content/fb4eed50-7611-11e9-be7d-6d846537acab
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