Jun
27

Britain’s Crown Estate Points to Challenging Property Market

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The real estate company that helps pay for Britain’s Queen Elizabeth says the country’s commercial property market is going through a “challenging” time.

The Crown Estate oversees property that the monarchy surrendered in 1760 in exchange for annual payments. The company beat its benchmark in the last financial year, “against a backdrop of a challenging and uncertain market,” Chief Executive Officer Alison Nimmo said in a briefing with reporters…

Britain’s Crown Estate Points to Challenging Property Market

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