Shares in SEGRO have leapt to their highest level since 2007, as the FTSE 100 suffered its biggest one-day fall since the end of February.
The industrial REIT topped the day’s risers on the UK’s blue-chip index after its share price rose by 1.6% to finish the session at 1,004.5p. Its shares have not traded at these levels since summer 2007.
Other notable real estate risers included FTSE 250 industrial peer LondonMetric, which similarly climbed by 1.6% to 226.2p to become one of the index’s top 10 performers.
Listed healthcare providers also posted upticks, with Assura up 1.9% at 76.1p and Primary Health Properties up by nearly 1.9% at 154p.
Shares were broadly down on the back of renewed concerns surrounding the pandemic, particularly among travel and hospitality companies. The FTSE 100 fell by 2% during the day, to 6,859 points, while the FTSE 250 was down 1.7% at 22,108 points.
The day’s fallers included Premier Inn owner Whitbread, down 4.8% at 3,350p, and Intercontinental Hotels Group, which declined by nearly 4% to 4,952p.
Hammerson ended the day 3.5% lower, at 36.7p. The retail landlord, which named former Countrywide finance chief Himanshu Raja as its new CFO earlier today, collected just 40% of rent owed in the second quarter. However, footfall at its shopping centres in England recovered to around 80% of visitor numbers recorded in April 2019.
