The truth hurts – and we must act now

COMMENT: Here’s a truth. I often find annual results a bit boring. Pages and pages of numbers and, unless it’s Jeff Bezos or Warren Buffett, not an overly insightful address to shareholders. And with the two big REITs – British Land and Landsec – both reporting this week we already knew what the headlines would be: Retail is dragging down values and performance, but don’t worry we’ve got these nifty flexible workplace offer now, we are fully invested in the whole space-as-a-service thing so offices look pretty good. That was it in a nutshell. But this time there was a