(ShareCast News) - West End-focussed property investment company Shaftesbury posted a trading update for the period from 1 October to 10 February on Friday, reporting "good footfall and trading" over the festive period. The FTSE 250 firm said continuing low vacancy reflected sustained tenant demand,
Read more(ShareCast News) - British real estate investment trust Shaftesbury was under the cosh on Wednesday after Barclays downgraded the stock to 'underweight' from 'equal weight' and cut the target price to 820p from 870p, saying it has seen more attractive valuations elsewhere. Barclays said the valuatio
Read moreLONDON, Jan 16 (Reuters) - The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-make
Read more(ShareCast News) - FTSE 250 real estate investment trust Shaftesbury reported a drop in profit for the year to the end of September but a rise in revenue, as it expressed confidence in its outlook. Pre-tax profit fell to £99.1m from £467.3m the year before, with basic earnings per share down to 35.6
Read more(ShareCast News) - West End-focused real estate investment trust Shaftesbury posted a trading update for the period from 1 July to 28 September on Thursday, reporting trading across its shops, restaurants, cafés and bars as "good" throughout the summer months. The FTSE 250 company said with sustaine
Read more(ShareCast News) - Shaftesbury announced on Thursday morning that it has held discussions with certain holders of its £61,048,148 8.5% first mortgage debenture stock due 2024, about a proposal to amend the terms and conditions of the stock. The FTSE 250 company said the proposal, if approved and imp
Read more(ShareCast News) - UK commercial real estate values were set to fall further, analysts at Citi said, but they believed the falls would only be a 'correction' - mostly cyclical in nature - and should be looked upon as a trading opportunity. Nonetheless, they admitted the risk of a more severe propert
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