Warehouse REIT gained close to 5% in trading today on the back of a market update in which it said demand for its space was rising as a result of the crisis.
Housebuilder Redrow rose by 9.6% after confirming that it had been approved for £300m in Covid-19 support finance.
But in a rising market – the FTSE 100 closed up by 2.9% and the FTSE 250 by 3.4% – a third of the day’s steepest falls were seen in property-focused stocks.
The BMO Real Estate Investments REIT closed down 7.75% at 50p, the second-furthest fall of the session. The BMO Commercial Property lost almost 5%, while Custodian REIT dropped by 5.6% after it warned of “inevitable disruption” from the coronavirus pandemic.
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