Half Year Results 

Shaftesbury resilient amid retail gloom

Shaftesbury resilient amid retail gloom

Shaftesbury’s (SHB) focus on London’s West End provided decent insulation against the wider slowdown weighing on the retail property sector in its half-year to March. Net property income rose 5.2 per cent to £48.6m in the period, although a much lower boost from the revaluation of the investment portfolio depressed pre-tax profits.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now