Real estate stocks in Europe gain after US inflation data

MERLIN Properties SOCIMI

15/01/2025 14:00

** Shares in European rate-sensitive real estate companies
move higher on Wednesday after core U.S. inflation rose less
than expected in December
    ** The basket of European real estate names  .SX86P  was up
3.83% to one-week high at 1342 GMT
    ** Among single stocks, British commercial property firm
Land Securities  LAND.L  and Germany's TAG Immobilien  TEGG.DE ,
LEG Immobilien  LEGn.DE  and Vonovia  VNAn.DE  were up around 5%
    ** Spain's Merlin Properties  MRL.MC  rose 5.5%
    

 (Reporting by Anna Pruchnicka)
 ((anna.pruchnicka@tr.com))