Real Estate Roundup - May 2020
Following two months of heavy falls as the covid-19 pandemic took hold and the UK was put on lockdown, many property companies saw a bounce in their share price in April, although not enough to recover the losses since the crisis hit. Topping the bill in April was housebuilder Countryside Properties, which saw a 42.2% gain. The group’s share price took a dive at the end of February and into March as construction sites were shut down due to the lockdown and social distancing rules. However, as many housebuilders revealed plans to get back on site, share prices recovered somewhat.
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