Blue-chip landlords enjoyed a further nudge upwards today, on an otherwise subdued day of trading on the FTSE 100 which saw the index rise by 0.4%.
British Land rose by 2.3% to 524.8p, while Landsec edged up by 1.6% to finish the session at 723.8p. SEGRO traded up 0.7%, at 1,057.5p. It is the second consecutive day all three enjoyed an uplift.
Elsewhere, the biggest property riser was Hammerson, after it launched a €575m (£496m) bond buyback yesterday. The FTSE 250 landlord’s share price jumped by 4% to 41p.
Fellow FTSE 250 company CLS Holdings rose by 3.2% to 259p, while Capco nudged up by 2.3% to 177.3p, and GCP Student Living finished 2.2% up at 176.4p.
The only property fallers on the index were UK Commercial Property REIT and St Modwen, which edged down by 0.5% to 79.3p and 0.2% to 546p respectively.
The FTSE 100 ended the day at 7,108 points. The FTSE 250rose by 0.3% to 22,933.
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