As prime minister Boris Johnson suggested in press interviews that Covid-19 restrictions may need to be tightened further, several big names in property focused on retail and office assets saw their stock slump.
Hammerson’s shares suffered a 7.3% drop during trading, a sharper downturn than any other FTSE 350 stock. The company’s shares closed at 22.12p.
In the FTSE 100, both Landsec and British Land were among the session’s heaviest fallers – Landsec lost 3.7% to close at 658.1p, while British Land was down by 2.8% at 452p.
The FTSE 100 ended trading at 6,798, a drop of 1.1%. The FTSE 250 lost 1.4% at 20,776.
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