Infrastructure investor John Laing saw a bump to its share price today, following news it had teamed up with Macquarie Bank to launch the UK’s first ever retirement rental business.
Brigid Investments will fund McCarthy Stone housing with an initial £200m commitment. John Laing’s stocks ended the day up 0.83% at 316p.
Other top risers in real estate included Henry Boot up 5.66% to 280p, and SEGRO up 2.25% to 981.4p.
In a generally upbeat day of trading there were few large drops. The biggest losers were Ireland’s Hibernia REIT down 3.02%, and Capital & Regional down 2.41%.
The FTSE 100 rose 0.83% to 6,942 and the FTSE 250 ended up 039% at 22,248.
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