| Tue 1 Apr 2025, 8:00 | | SHAFTESBURY CAPITAL PLC - Completion of transaction to form Covent Garden partnership |
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Completion of transaction to form Covent Garden partnership
SHAFTESBURY CAPITAL PLC
(Incorporated and registered in the United Kingdom
with Registration Number 07145051 and
registered in South Africa as an external company
with Registration Number 2010/003387/10)
JSE code: SHC ISIN: GB00B62G9D36
LEI: 549300TTXXZ1SHUI0D54
("Shaftesbury Capital" or "the company")
COMPLETION OF TRANSACTION TO FORM COVENT GARDEN PARTNERSHIP
Further to the announcement dated 20 March 2025, Shaftesbury Capital is pleased to announce the completion of its
long-term partnership with Norges Bank Investment Management ("NBIM"), the Norwegian sovereign wealth fund, in
respect of its Covent Garden estate. NBIM has acquired a 25 per cent non-controlling interest in the Covent Garden
estate with Shaftesbury Capital retaining 75 per cent ownership and management control over the estate.
Enquiries:
Ruth Pavey Company Secretary +44 (0)20 3214 9150
About Shaftesbury Capital
Shaftesbury Capital PLC ("Shaftesbury Capital") is the leading central London mixed-use REIT and is a constituent of
the FTSE-250 Index. Our property assets under management, valued at £5.0 billion, extend to 2.7 million square feet
of lettable space across the most vibrant areas of London's West End. With a diverse mix of shops, restaurants, cafes,
bars, residential apartments and offices, our destinations include the high footfall, thriving neighbourhoods of Covent
Garden, Carnaby, Soho and Chinatown. Our properties are close to the main West End Underground stations and
transport hubs for the Elizabeth Line. Shaftesbury Capital shares are listed on the London Stock Exchange ("LSE")
(primary) and the Johannesburg Stock Exchange ("JSE") (secondary) and the A2X (secondary).
Our purpose
Investing to create thriving destinations in London's West End where people enjoy visiting, working, and living.
Our values
We have a set of values that are fundamental to our behaviour, decision making and the delivery both of our purpose
and strategy: Act with integrity; Take a creative approach; Listen and collaborate; Take a responsible, long-term view;
and Make a difference.
1 April 2025
Sponsor
Java Capital
Date: 01-04-2025 08:00:00
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