UK REIT British Land said it has seen the value of its portfolio plummet by 10.8%, or £1.4 bn, to £11.6 bn (EUR 13.8 bn) in the six months ending September 30, 2008.
UK REIT British Land said it has seen the value of its portfolio plummet by 10.8%, or £1.4 bn, to £11.6 bn (EUR 13.8 bn) in the six months ending September 30, 2008.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.