Intu Properties closed down 6.4% today at 3.79p, as the shopping centre owner revealed that it received less than a third of UK rents for the second quarter of the year and is now in talks with its lenders in an attempt to waive covenants.
British Land closed down 3.8% at 354.6p, after announcing that it had waived £3m in rent for smaller tenants, suspended construction at its major London schemes and put dividend payments on hold.
The property sector as whole nudged down by a little under 2%.
