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British Land has bolstered its full-year earnings guidance after forecasting 3-5% rental growth across its portfolio for the 2024/25 financial year. Since April, British Land has disposed of £456 million of non-core assets and deployed £711 million into retail parks - a move that’s increased its exposure from 15% of the portfolio in 2021 to 32% today. “This is leading to strong rental growth and valuation uplifts which are outperforming all other subsectors.”
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