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1 year chart

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1 day chart

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Epic & Msn data
Epic SHB
Time: 11:27:29
Mid Price: 366.00
Change Today: -7.00 Descending
Change % Today: -1.88 Descending
Fifty Two Week High: 603.00
Fifty Two Week Low: 273.75
Market Capital: 495.43
Period & price data
Period Price
Now: 366.00
3 Months ago: 424.75
6 Months ago: 377.25
1 Year ago: 483.00
Additional information
Additional Information
Market: LSE
Sector: Real Estate
Epic: SHB
News: Latest news
Web Site: Shaftesbury
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Shaftesbury

Shaftesbury invests only in districts within the West End of London which have an enduring demand from occupiers and popularity with their customers. Shaftbury’s investments are all close to the unique cluster of shops, restaurants, theatres, cinemas and world class galleries, museums and historic sites, which are the essence of London’s West End.

Friday, November 07, 2008

London West End property group Shaftesbury confirms retail lettings at St. Martin’s Courtyard

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Following recent press speculation, London West End property investment company Shaftesbury PLC confirmed recent retail lettings and current negotiations at St. Martin's Courtyard in  Covent Garden, part of the Longmartin Venture, owned jointly with The Mercers' Company.


At 125-126 Long Acre, a 3,000 square feet shop  has been let to fashion retailer Massimo Dutti at £420,000 per annum on a 10 year lease. This shop is already trading.  At 130-131 Long Acre, a 6,800 sq.ft. shop has been let to COS (part of H & M Group) at £730,000 per annum on a 15 year lease. This shop is expected to open in Spring 2009.


At 132-136 Long Acre terms have been agreed in principle to let a 22,800 sq.ft. shop to US retailer Forever 21 for its first European store. This shop is expected to be handed over to the tenant for fitting out in Autumn 2009.


St. Martin's Courtyard is a mixed use project that will create 28 shops covering 70,000sq.ft,,  five restaurants covering 30,000 sq.ft. and 73,000sq.ft. of air conditioned offices as well as  33 apartments. Completion of the scheme is in phases from now until Spring 2010, when the inner Courtyard is expected to be open to the public.


Shaftesbury added it is encouraged by current levels of interest in the remaining shops and restaurants.

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