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Market wrap: Custodian leads REIT gains

Custodian REIT was the top real estate riser of the day on the stock exchange, with Workspace Group and Hammerson also making gains.

Custodian was up by more than 2.7% at 97.3p, while Workspace Group rose by 2.7% to 868.6p. Shares in Hammerson were up 2.4% at 33.3p.

Derwent inched up by 0.7% at 3,391p, despite reporting improved rent collection rates for September.

PRS REIT, which posted a 170% profit rise, edged up by 0.5% to 101.5p.

The FTSE 100 closed down 0.2% at 7,130 while the FTSE 250 stayed mostly flat at 22,468.

 

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