UK commercial property prices have dipped this morning following Donald Trump’s US election victory.
Of the companies listed below, shares have fallen by an average of 0.6%.
While the FTSE 100 opened 2% down, some listed companies are trading at up to 1.9% lower than yesterday.
British Land’s share price has fallen by 0.84% to 591.5 pence per share
Land Securities has fallen by 1.06% to 984 pps
Hammerson has fallen by 0.99% to 552 pps
Intu has fallen by 1.94% to 267 pps
SEGRO has fallen by 0.47% to 422 pps
Capital & Counties has fallen by .014% to 282 pps
Great Portland Estates has fallen 0.9% to 603 pps
Shaftesbury has fallen 0.11% to 915 pps
Derwent London has so far listed no change and remains steady at 2,246 pps.
There was little change among the major housebuilders, which are more reliant on UK government support and UK-specific economic sentiment. Barratt Developments was down 0.6% at the time of writing, Berkeley was up 0.4%, Redrow up 3.5% and Bellway down 0.4%.
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