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Market wrap: Vistry shares rise after Devon site deal

Shares in housebuilder Vistry Group rose today (22 September), after it said it had paid £215m for a 96.5-acre site in Wolborough, Devon.

The FTSE 250-listed housebuilder plans to build 726 homes on the site, under both the Bovis and Linden Homes brands, ranging from one- and two-bed apartments to two-, three-, four- and five-bed houses.

Vistry’s stock finished up 1.2% at 1,252p a share.

Elsewhere, Hammerson rose by 3.3% to 33.6p, LXI REIT increased by 2% to 144.8p and Workspace Group rose by 1.3% to 882p.

The FTSE 100 finished the day up 1.5% at 7,083 points, while the FTSE 250 climbed by 0.7% to 23,784 points.

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