British Land, the second-largest REIT in the UK, saw the pace of portfolio valuation decline slow markedly in the first quarter to end-June to an average 3.7%. The UK portfolio shed 3.1% of its value, outperforming IPD by 1%, the company said in a press release on Tuesday.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
