The value of two of the UK’s largest housebuilders fell today after UBS downgraded its stock recommendations.
The bank dropped Crest Nicholson from “neutral” to “sell” and Persimmon was moved from “buy” to “neutral”.
Crest Nicholson saw the sharpest drop on the stock market, diving 4.7% to 364.8p. Persimmon fell 0.97% to 2,946p.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
