Real estate stocks were among the winners in London trading on Monday, as the government confirmed that it will go ahead with lifting many Covid-19 lockdown restrictions in England on 19 July – its so-called ‘freedom day’.
The measures include the reopening of indoor venues such as nightclubs, an end to advice to work from home, and an end to a legal requirement to wear face masks in shops and on public transport.
The biggest rise in the FTSE 350 came from property investor CLS Holdings, which gained 5% to hit a 17-month high of 261p.
Capital & Counties also made the list of the index’s top risers, up by 3.3% at 178p.
There were rises for office owners and operators, including traditional names such as Derwent (up 1.9% to 3,549p) and flexible workspace provider Workspace (up 1.8% to 870.5p).
The FTSE 100 finished at 7,125, up just 0.05%, while the FTSE 250 dipped by roughly the same percentage to 22,895.
To send feedback, e-mail tim.burke@eg.co.uk or tweet @_tim_burke or @EGPropertyNews
