Land Secs says retail rent reviews are 'stuck in neutral'

Full year profits tumbled at real estate investment trust Land Securities as growth in property values stalled in the second half of its financial year.

Full year profits tumbled at real estate investment trust Land Securities as growth in property values stalled in the second half of its financial year.

Adjusted diluted net asset value (NAV) per share at the end of March 2012 stood at 863p, up 4.5% on the NAV per share of 826p a year earlier.

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