Diversified property companies were the winners in April as progress in the UK’s vaccination programme and roadmap out of lockdown continued unabated. Six of the top 10 best performing companies in price terms were generalist REITs that had been trading on wide discounts. Top of the pile, however, was . The Central and Eastern European office landlord was the subject of a takeover offer by two of its largest shareholders in April. headed the list of generalist property companies with a 19.3% share price rise. Strong rent collection rates, a growing capital.
">dividend and portfolio valuation rises characterise most of the property generalists as they move on from the depths of the pandemic.
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