Q2 Real Estate Quarterly Roundup

RNS Number : 2557T

Standard Life Invs Property Inc Tst

16 July 2020

 

Q2 Real Estate Quarterly Roundup

Real Estate Sector Quarterly Roundup

The covid-19 pandemic continued to wreak havoc in the real estate in the second quarter, but a polarisation of sectors and funds has started to become apparent. Companies focused on the retail, leisure and hospitality property sectors had already seen huge negative rating changes in the first quarter of the year, when the pandemic took hold. This quarter, it was the generalist companies that own a diverse portfolio of UK property that suffered. Most suffered double-digit falls in their share prices in the three months as valuations tumbled on poor rent collection figures.

Content

· Performance data - Logistics-focused companies dominated the share price rises in the quarter, but a few surprise packages also made big gains.

· Corporate activity - There were eight equity raises during the quarter, totalling £1.67bn. Meanwhile, shopping centre landlord Intu Properties plunged into administration.

· Major news stories - Takeover and merger rumours were rife with a company taking a large position in their rival.

Read full report here:

https://quoteddata.com/research/quoteddatas-real-estate-quarterly-roundup-q2-2020/

Please also subscribe to our free sector and listed company research at our website and to alter your research preferences: http://bit.ly/2govJ07

QUOTEDDATA
123a Kings Road | London SW3 4PL
Tel: [phone]

[e-mail] | www.martenandco.com | www.quoteddata.com

NB: this note has been prepared by Marten & Co and is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the FCA. Marten & Co is not permitted to provide investment advice to individual investors.

 

END

 

 

NRAKKABQBBKDKOD