Department Stores
Selfridges’ property value falls by more than £600m
Accounts for the department store’s property assets showed its £3.1bn property portfolio had been marked down by £638.6m
The value of Selfridges’ property portfolio plunged by more than £600m last year, according to The Sunday Times.The Times reported that accounts for the department store’s property assets showed its £3.1bn property portfolio had been marked down by £638.6m by valuers, a fall of 20.6%.
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