British Land posted a drop in full-year underlying profit on Thursday even as its net asset value grew, as the FTSE 100 property group cautioned that market conditions are likely to remain challenging. In the year ended 31 March, underlying profit fell 2.6% to £380m, but the company's EPRA net asset value was up 5.7% to 976p. Diluted underlying earnings per share were 1.1% lower at 37.4p, but this was ahead of consensus expectations of 36.8p. However, IFRS pre-tax profit more than doubled to ...Den vollständigen Artikel lesen ...