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Real Estate Rally Propels London Midcaps Higher

London markets shook off a four-day slide on Wednesday as a surge in real estate stocks pushed the FTSE 250 index up by 0.8%. The rebound followed a high-stakes standoff in the property sector, where developer Segro rejected a massive $16.6 billion takeover bid from the American logistics giant Prologis.

Real Estate Rally Propels London Midcaps Higher

The broader market optimism also lifted the blue-chip FTSE 100, which posted a 0.3% gain by the close of the session. Investors pivoted toward domestic midcaps, signaling renewed confidence after a week of downward pressure. The rejection of the Prologis offer by Segro acted as a catalyst for the sector, drawing sharp attention to the valuation of London-listed property assets.

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