Great Portland says portfolio value falls 4 pct

LONDON (Reuters) - Central London property company Great Portland (GPOR.L) reported a 4 percent fall in the value of its properties on Tuesday and said it expected the economic backdrop to worsen during the balance of the year.

The firm said the value of its properties stood at 1.54 billion pounds at June 30, including its share of joint venture assets, down 4 percent since March 31.

(Reporting by Mark Potter)