British Land’s share price recovered to 498.6p by the end of a rocky day during which it fell from 511p to a low of 487.9p, after the REIT reported a pretax loss of £730m and a 7.3% drop in the value of its portfolio to £10.3bn in its latest half-year results.
However, the recovery was not enough to push it out of the FTSE 100’s top fallers.
Conversely, housebuilder Taylor Wimpey saw a 4.4% hike in its share price to 166p, propelling it into the FTSE 100’s top risers.
Elsewhere, U+I saw its share price drop by 4.02% to 62p and LSL Property fell by 3.27% to 207p, while Hammerson rose by 3.08% to 25.44p.
Overall, both the FTSE 100 and FTSE 250 nudged up, by 0.31% to 6,385 and by 0.94% to 19,699 respectively.
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