Financial Times FT.com

London surges as gloom predictions hit Liberty

By Michael Hunter and James Garratt

Published: December 8 2008 08:46 | Last updated: December 8 2008 20:58

Liberty International was left behind as the FTSE 100 on Monday registered its sixth-biggest gain on record.

The shopping centre developer was one of only three blue-chip fallers, after SG Securities forecast a “crisis scenario” of commercial property prices dropping 45 per cent peak to trough.

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