Student housing developer Unite fell by 4.6% today, despite claims of record demand vindicating recent expansion plans.
Unite reported like-for-like increases in its portfolio and said it was not put off by a drop in demand from EU countries. The FTSE 250 developer ended the day at 1,053p, its lowest level in six months.
In real estate, just one company saw a more dramatic fall, with Capital & Regional down by 7.7% to 57.2p. The shopping centre owner has seen its value jump around this week but has maintained a general downward trend since the summer.
The FTSE 100 rose by 0.3% to 7,096 and the FTSE 250 dipped by 0.1% to 22,536.
To send feedback, e-mail emma.rosser@eg.co.uk or tweet @EmmaARosser or @EGPropertyNews