Henderson Global Plans to Make More Investments in Property Outside U.K.

(Bloomberg) -- Henderson Global Investors, owner of
more than $8 billion of European retail properties, will cut
investment spending in the U.K. this year because of slowing
rental growth and falling values in some parts of the country.

The U.K. will account for about 10 percent of the 3 billion
euros ($4 billion) of European investments Henderson funds plan
for this year, compared with 60 percent in 2006, said Patrick
Bushnell, the head of European investment. By the end of 2007,
non-U.K. holdings will rise to half its assets from 30 percent.


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