Red across the board to end the week, stocks slumping as worries rose around the economic damage caused by the coronavirus, global cases of which have now passed 100,000.
The FTSE 100 dropped by 233 points, almost 3.5%, to end the week at 6,471. The FTSE 250 fell by nearly 3% to 18.746.
In property stocks, intu Properties had a reprieve after two weeks of falling shares, closing flat at 5p. The stock will be one to watch next week, when it announces final figures for 2019.
The other notable London-listed REITs were trading down, including British Land, Landsec, Hammerson and Segro.
Shares in Ashley House, an AIM-listed healthcare property company, were suspended after the company revealed that a modular construction business it owns a majority stake in will file for administration.
Ashley House has said that if it is unable to secure new funding to meet its working capital needs, it will be unable to repay its own creditors. Its share price has fallen by 85% over the past year, and closed on Thursday at just 1.2p.
To send feedback, e-mail tim.burke@egi.co.uk or tweet @_tim_burke or @estatesgazette
