British Land was the most notable real estate faller in the FTSE 100 today, while the index closed in the green despite the news of a third national lockdown.
In the FTSE 100, which ended the session up 0.6% at 6,612 points, British Land’s shares fell 1.5% to 468.7p.
Retailer Next was the top riser in the index, up 8% to 7,468p. Earlier today it raised its property provisions by £40m, to total nearly £100m for the financial year, but posted better-than-expected profits during the festive period.
This morning chancellor Rishi Sunak unveiled a £4.6bn lockdown support package for retail and leisure firms, with grants of up to £9,000 per property.
The FTSE 250 finished the day up 0.9%, at 20,717 points.
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