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Property share prices leap but UK index loses appeal.
- Source :
- Property Week; 5/3/2024, Vol. 91 Issue 17, p16-19, 4p
- Publication Year :
- 2024
-
Abstract
- The London Stock Exchange (LSE) saw a rise in share prices in Q1 2024, driven by housebuilders and property stocks. However, the LSE is losing its appeal to investors who are finding better returns in overseas markets. Many construction-related firms are choosing to list their stocks overseas due to higher valuations and better access to liquidity and capital markets. This has resulted in a decrease in new companies joining the LSE and a decline in stock market activity. Despite these challenges, London remains globally relevant and has a strong track record in initial public offerings. The article also discusses the performance of various UK property companies in Q1 2024, with some experiencing increases in share prices and market capitalization, while others saw decreases. Additionally, the article highlights the income-generating potential of investing in property stocks, particularly Real Estate Investment Trusts (REITs). [Extracted from the article]
Details
- Language :
- English
- ISSN :
- 13541471
- Volume :
- 91
- Issue :
- 17
- Database :
- Complementary Index
- Journal :
- Property Week
- Publication Type :
- Periodical
- Accession number :
- 177231331