Shaftesbury boss upbeat despite half-year losses

Brian Bickell of Shaftesbury

West End property group Shaftesbury has said it is “well-positioned for gradual recovery and sustainable growth” despite suffering increased losses and value declines during the pandemic.

Losses for the six months to 31 March widened to £338.5m, compared to £287.6m a year earlier, while the value of net tangible assets fell from £7.43 a share at the end of September to £5.83 six months later.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.

Registered users and subscribers SIGN IN here to continue