Shaftesbury enjoys strong festive period as it awaits CMA decision on Capco merger

Brian Bickell of Shaftesbury

Shaftesbury has told investors it enjoyed “buoyant trading” during the festive period ahead of its proposed merger with Capital & Counties (Capco).

In a trading update for the period from 1 October to 31 December 2022, the group said it had also benefited from sustained occupier demand across its estate, which comprises a16.4-acre portfolio in London’s West End, including swathes of Soho.

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