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MORNING NEWS: Results, retail and residential development

In the news this morning, a preview of this week’s full year results from British Land and Land Securities forecasts retail woes to have taken their toll on valuations.

Speaking of retail woes taking their toll on valuations, the Sunday Times Rich List has this year valued Philip Green at £950m, compared with a peak of $4.9bn in 2006 and 2007 after declaring his Arcadia retail empire worthless.

Also today, The Square on Birmingham’s Broad Street hits the market. Click here for the full details from EG.

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