Financial Times FT.com

Property powers Footsie higher

By Bryce Elder

Published: August 22 2008 08:42 | Last updated: August 22 2008 19:08

Real estate stocks powered the London market higher as traders marked Liberty International as a potential bid target.

Liberty jumped 8 per cent to 945p after Simon Property Group, the US shopping centre developer, disclosed a 3.45 per cent stake.

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