Elliott boosts short positions in British Land and Landsec

Stock market

US hedge fund increases bets on fall in share prices of two listed property companies, according to FCA filings

The US fund, headed by activist shareholder Paul Singer, declared short positions in both companies last month and has now nearly doubled its bets on a fall in the share prices of the two listed companies, according to filings with the Financial Conduct Authority.

As Property Week went to press on Wednesday evening, Elliott had bets equivalent to 1.21% of the market value of British Land and 1.3% of the value of Landsec, up from 0.7% and 0.8% just over a month ago.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now