Property stocks give FTSE small gains

clock

The FTSE 100 is slightly up with gains of 2.3 points, or 0.04%, to 5,509.5, as tobacco stocks have fallen on a ratings downgrade but property stocks including British Land have risen following a report that Abu Dhabi's royal family may buy one of the company's property portfolios.

Tobacco stocks have weighed on the benchmark, with British American Tobacco falling 13p, or 1.02%, to 1,262p, while Gallaher has dropped 4.5p, or 0.51%, to 882.5p, after Lehman Brothers cut its recommendations on both stocks. But British Land is performing well with gains of 11.5p, or 1.18%, to 990p, after reports the Abu Dhabi royal family may buy a portfolio that includes Plantation Place in London's financial district. Elsewhere, Liberty International has gained 5p, or 0.52%, to 974.5p, while Hammerson has added 1.5p, or 0.16%, to 962.5p. But Land Securities is not off to such a go...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Wealth Club launches UK's first private markets SIPP

Wealth Club launches UK's first private markets SIPP

45% income tax relief

Patrick Brusnahan
clock 24 March 2026 • 1 min read
Rebalancing act: Sometimes doing very little in portfolio management is the hardest thing to do

Rebalancing act: Sometimes doing very little in portfolio management is the hardest thing to do

'More often, it's the quieter disciplines that matter most'

Phillip Young
clock 23 March 2026 • 3 min read
Crypto investors receive 40 times more HMRC tax warnings than stock traders

Crypto investors receive 40 times more HMRC tax warnings than stock traders

Data shows enforcement activity shift

clock 19 March 2026 • 2 min read