A rally for intu saw the shopping centre owner’s shares close up by a fifth today, rising passed 15p. The company confirmed that it will publish its 2019 results on 5 March – there have been rumours that its results announcement will be accompanied by news of a fresh equity raising.
That lift put intu comfortably at the top of the list of risers in London. Other property-focused companies to post gains included Countrywide, which rose by about 4.5% (still no news on its troubled sale of LSH, however).
Regeneration specialist U+I saw a near 2% fall, while there were also drops for St Modwen Properties and Grainger.
The FTSE 100 closed up 75 points at 7,457. The FTSE 250 stood at 21,850, up 172.
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