Nervous investors holding off on funding, British Land warns

By Dave Rogers2022-11-16T10:57:00

Rising interest rates and inflation sees decisions put back, developer says in half year results

British Land has said investors are holding off sinking money into London office schemes until the economic uncertainty calms down.

The firm behind the redevelopment of the Broadgate estate in the City of London as well as a huge mixed-use scheme at Canada Water said investors had put the brakes on decisions following September’s mini-budget and subsequent market turmoil.

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