FTSE 250 movers: Property stocks surge on Segro offer

(Sharecast News) - FTSE 250 (MCX) 22,927.31 0.00%

Property-related stocks were up as Segro surged to the top of the FTSE 100 after rebuffing a £12.6bn takeover approach from US real estate giant Prologis. Tritax Big Box, Hammerson, Berkeley, Great Portland and Big Yellow all rallied on the news.

Primary Health Properties gained after confirming it was in advanced talks with an unnamed investor on the potential formation of a joint venture involving its private hospital portfolio.

Retailer B&M European Value Retail rose as it appointed Atheeq Akbar as its next chief financial officer, with the former Asda executive set to join the group in February 2027.

Miners were all lower in line with weaker oil and precious metals prices.

FTSE 250 - Risers

B&M European Value Retail (BME) 203.80p 8.73% Tritax Big Box Reit (BBOX) 161.40p 6.46% SDCL Efficiency Income Trust (SEIT) 33.60p 5.00% Safestore Holdings (SAFE) 611.00p 4.98% Berkeley Group Holdings (The) (BKG) 3,634.00p 4.85% Hammerson (HMSO) 365.80p 4.45% Big Yellow Group (BYG) 898.00p 4.36% Shaftesbury Capital (SHC) 138.90p 3.73% Great Portland Estates (GPE) 326.00p 3.69% Primary Health Properties (PHP) 95.05p 3.65%

FTSE 250 - Fallers

Hochschild Mining (HOC) 471.40p -8.49% Pan African Resources (PAF) 98.40p -6.08% Gamma Communications (GAMA) 829.00p -6.08% Endeavour Mining (EDV) 3,697.00p -5.20% Playtech (PTEC) 292.80p -4.94% Ceres Power Holdings (CWR) 577.00p -4.52% Harbour Energy (HBR) 226.20p -4.31% Partners Group Private Equity Limited. (EUR) (PEY) 7.66p -4.25% Globaldata (DATA) 75.50p -3.70% Ithaca Energy (ITH) 217.00p -3.54%