Performance – Shares in property companies took another turbulent turn during May as the covid-19 pandemic continued to wreak havoc on property assets.
Valuation moves – Results season is in full swing and saw many companies report net asset value moves.
Corporate activity – There was a big equity raise, a high profile chief executive resignation and a new investment manager appointment in the month of May.
Major news stories – Capital & Counties bought a 26% shareholding in rival West End landlord Shaftesbury.
