Wednesday, May 13, 2009
Property Losses – Counting the cost
Largest UK Property Firm Posts Record Loss
The UK's largest property company, Land Securities, posted a record loss last year, as its shopping centres and offices slumped in value. The FTSE 100 company reported a loss after tax of £5.19bn
Posted by alan @ 04:22 PM (790 views)
4 thoughts on “Property Losses – Counting the cost”
Add a comment
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
little professor says:
Ouch!
crunchy says:
Green shoots sure do grow funny!
crunchy says:
Or was it green roots?
debtfree says:
see also, that BT has a £11 billion pension deficit. 50% more than its market value.
“BT is a badly-run hedge fund which just happens to own a phone network,” independent pensions consultant John Ralfe said in an analysis of the telecoms company’s retirement fund.
oh dear oh dear, it’s only just begun…. who’s next ?