The larger property company stocks are still underperforming, according to property analystsat HSBC.
Their latest review of total returns shows British Land bottom of HSBC’s league table over both the past three and five years, with total returns of 4.2% and 4.7%.
But HSBC noted that most major companies have started to take remedial action, and there is some evidence that their strategies are working.
Over three years, Hammerson was the best-performing of those with a market capitalisation of more than £1bn.
