West End landlord Shaftesbury sees losses soar after hospitality and retail closures during lockdown hammered its rental income The company recorded a £338.6m loss in the six months to the end of March Lower rent collections, high vacancies and rent waivers hurt property income Shaftesbury’s confidence has grown since hospitality and retail sites reopened By … Read more
Covent Garden landlord Shaftesbury swings to £700m loss just as London heads into Tier Three By Tom Witherow Financial Correspondent For The Daily Mail Published: 22:01 GMT, 15 December 2020 | Updated: 22:01 GMT, 15 December 2020 Landlord Shaftesbury has posted a mammoth loss just as London heads into the tightest Tier Three restrictions. Shares … Read more
London landlord Shaftesbury seeks to raise £297m in cash call as it struggles to survive the virus crisis By Daily Mail City & Finance Reporter Published: 21:56 BST, 22 October 2020 | Updated: 21:56 BST, 22 October 2020 London landlord Shaftesbury has gone cap-in-hand to investors to raise £297million as it struggles to weather the … Read more
West End landlord Shaftesbury scraps dividend as worries grow over new coronavirus curbs By Daily Mail City & Finance Reporter Published: 21:51 BST, 25 September 2020 | Updated: 21:51 BST, 25 September 2020 West End landlord Shaftesbury has scrapped its dividend amid fears that further coronavirus restrictions are set to hammer the High Street. The … Read more
MARKET REPORT: West End landlord Shaftesbury rocked as coronavirus crisis crunches property values by £300m By Matt Oliver For The Daily Mail Published: 21:51 BST, 10 June 2020 | Updated: 21:51 BST, 10 June 2020 Shares in Shaftesbury tumbled after the West End landlord reported a £287million loss. The firm’s dive into the red during … Read more
Capital & Counties spends £436m on shares in larger rival Shaftesbury – paving way for mega-merger of West End property giants By Ben Harrington, Financial Mail on Sunday Published: 21:59 BST, 30 May 2020 | Updated: 21:59 BST, 30 May 2020 The owner of a huge estate in London’s Covent Garden has spent £436million on … Read more