Real Estate

British Land boss wary of Brexit threat as retail results drag

Property company behind large developments in London says offices are letting more quickly and on better terms than expected

The property companies behind some of the big investment bank headquarters in London say business remains strong in the capital’s office market despite growing uncertainties over how the UK will fare as it leaves the European Union.

The chief executive of British Land, a FTSE 100-listed developer, said the company’s London offices are letting “ahead of schedule and on better terms than expected”.

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