British Land says low appetite for property purchases hits valuations

EPRA net tangible assets per share down 4.4% as of Sept. 30Half year underlying profit rises 13.3% to 136 mln poundsShares of landlord down over 2% in morning tradeNov 16 (Reuters) - Property owner British Land Co (BLND.L) said on Wednesday the rapid rise in borrowing costs had reduced investors' appetite for property acquisitions, leading to a fall in valuations in the first half.Aggressive interest rate hikes…