Shaftesbury enjoys post-pandemic bounce back

Carnaby Christmas 2022 - Must credit Tareq Mooradun Instagram_ @tmnikonian

West End landlord Shaftesbury has experienced a sharp post-lockdown bounce back with net tangible assets (NTA) and property values rising in the year to the end of September.

Ahead of its £3.5bn merger with Capital and Counties (Capco), Shaftesbury revealed a 3.6% rise in the value of its net assets to £2.46bn from £2.37bn a year earlier.

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