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Property stocks rise at hopes of lower interest rates

Hopes of lower interest rates next year have caused property stocks to rise. Great Portland rose 2 to 196p, Chelsfield gained 6.5 to 245p and Greycoat was up 3.5 to 172p.

Financial Times 31/12/98 page 40 (Companies Report)

The Times 31/12/98 page 30 (Stock Market)

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