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Evening Standard: "A red flag for British Land as the market gets bearish" (plus comment on Hammerson)

Link to Evening Standard
(nice picture, but refers to later story)

"Agent CBRE publishes a 'Tale of Two Cities' report today. The West End where things are OK, and the City, where things are not OK.

"... Hammerson is the next-biggest Real Estate Investment Trust - its shares are worth 27% less than net assets of £3.8 billion. David Atkins became chief executive in 2009. 

"Veteran property analyst Alan Carter has previously supported Atkins' cautiousness. 'But this low-risk approach has yet to deliver a material re-rating… leaving the question as to whether it ever will.' 'Buck up, Dave' is the implied message."

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