OnthemarketBlog YouTube @property1 @onthemarketblog

Land Securities Group Plc , Britain's largest listed property developer [ Land Securities Group plc is the largest commercial property development and investment company in the UK. The firm switched to Real Estate Investment Trust status when REITs were introduced in the United Kingdom in January 2007 ]  sounded a cautious note about the country's real estate market on Tuesday after reporting slower growth in the value of its 14.6 billion pound ($22.07 billion) property portfolio. The developer behind London's "Walkie Talkie" skyscraper [ pictured above ], attributed a 5.7 percent rise in its half-year adjusted net asset value per share (NAV) to a strong performance in its London leasing and retail businesses. But the rise in NAV - which reflects the value of a property company's buildings - was less than the 14.5 percent rise in the previous six months and came in below analysts' expectations. Best Corporate Practice How Land Securities he...