Shaftesbury execs take 20% pay cut amid Covid-19
14th Apr 2020 09:52
(Sharecast News) - West End landlord Shaftesbury said on Tuesday that its board has agreed a 20% reduction to both executive director base salaries and pension contributions and non-executive director fees amid the Covid-19 pandemic.
Read moreWednesday broker round-up
1st Apr 2020 13:59
(Sharecast News) - Intercontinental Hotels Group: RBC Capital Markets upgrades to outperform with a target price of 4,000p.
Read moreShaftesbury warns on profits, suspends dividend
24th Mar 2020 12:35
(Sharecast News) - Shaftesbury said on Tuesday that it was scrapping its dividend and deferring rent payments for commercial tenants amid the Covid-19 outbreak, as it warned that full-year EPRA earnings would miss market expectations.
Read moreDirector dealings: Shaftesbury chairman ups stake
2nd Mar 2020 15:59
(Sharecast News) - Shaftesbury revealed on Monday that chairman Jonathan Nicholls had purchased 15,000 ordinary shares in the FTSE 250-listed real estate investment trust.
Read moreShaftesbury sees high footfall during festive period
31st Jan 2020 08:35
(Sharecast News) - Real estate investment trust Shaftesbury reported high footfall during the Christmas period, with early data indicating that turnover growth had continued despite reports of static or declining retail revenues across the UK.
Read moreShaftesbury signs Equinox for Carnaby development
18th Dec 2019 07:54
(Sharecast News) - Shaftesbury said it had agreed to let almost half of its 72 Broadwick Street refurbishment scheme to Equinox, the US fitness and lifestyle brand.
Read moreTuesday broker round-up
10th Dec 2019 08:29
(Sharecast News) - ASOS: HSBC upgrades to buy with a target price of 3,615p.
Read moreMonday broker round-up
2nd Dec 2019 13:18
(Sharecast News) - Ibstock: Jefferies downgrades to hold with a target price of 268p.
Read moreTuesday broker round-up
26th Nov 2019 13:21
(Sharecast News) - Hiscox: HSBC upgrades to buy with a target price of 1,465p.
Read moreShaftesbury profits lower on asset revaluations; EPRA earnings up
26th Nov 2019 08:07
(Sharecast News) - West-end property owner Shaftesbury on Tuesday reported a fall in full year pre-tax profits due to an asset revaluation deficit, although underlying earnings were higher on increased rental income.
Read moreShaftesbury gains planning permission for ?32m Carnaby redevelopment
5th Jun 2019 08:47
(Sharecast News) - Shaftesbury on Wednesday received planning permission from Westminster City council for its major scheme at 72 Broadwick Street, a 1970s mixed-use building in the heart of Carnaby.
Read moreWednesday broker round-up
22nd May 2019 13:29
(Sharecast News) - Moneysupermarket Group: UBS upgrades to buy with a target price of 415p.
Read moreShaftesbury defies Brexit retail woes as rents boost income
21st May 2019 08:17
(Sharecast News) - Robust demand and consumer spending boosted half year income at West End landlord Shaftesbury, defying the woes that have hit the retail sector due to Brexit.
Read moreShaftesbury fundraising plans blocked by major shareholder
8th Feb 2019 07:11
(Sharecast News) - Property developer Shaftesbury reported some progress with its larger schemes at the start of its new financial year, but was later threatened with legal action by a dissatisfied major shareholder.
Read moreShaftesbury says no indication Lee to vote against board reappointments
7th Feb 2019 16:14
(Sharecast News) - A day ahead of its AGM, West End property group Shaftesbury insisted that it has received no direct communication from shareholder Samuel Tak Lee, who was said to be planning on voting against the re-election of the company's bosses.
Read more