TITLE

Liberty sees some tenant failures in Q1

PUB. DATE
May 2008
SOURCE
EG: Estates Gazette;5/10/2008, Issue 818, p54
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the business failure of some shopping centre tenants of Liberty International in Great Britain. It reported that 2% of its shopping centre tenants have gone out of business so far in 2008. In its first quarter 2008 update, Liberty said its occupancy levels were at 98.5% and reported like-for-like rental growth of 1.8%. Liberty reported a fall in net asset value of 6.5% in the first three months of 2008. The value of the group's regional shopping centre portfolio fell 4.5% over the quarter and was now worth £6 billion.
ACCESSION #
32444210

 

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