13 Land and Buildings

 

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1998 £m 1997 £m
Current value:
Freehold 4,317 4,084
Leasehold with a term of over 50 years 2,865 2,089
Leasehold with a term of less than 50 years 116 140
Total 7,298 6,313

The cost of land and buildings was £4,971m (£4,338m). The value of land and buildings occupied by the Group was £111m (£144m).

 

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