SHB.L Share News (SHB)

LONDON BRIEFING: FTSE 100 to open higher; BP swings to profit

(Alliance News) - Stocks in London are set to open in the green on Tuesday, as the US Federal Reserve policy meeting gets underway.

Shaftesbury H2 valuation falls on economic ouitlook

(Sharecast News) - West End real estate owner Shaftesbury said occupancy and footfall continued to rebound from the Covid pandemic, but warned that its portfolio valuation fell in the second half due to the worsening economic outlook.

Capital & Counties confident for Christmas after 'resilient' third quarter

(Sharecast News) - West End landlord Capital & Counties Properties said it remained well placed for the key Christmas trading period on Tuesday, despite the weakening economic outlook.

Capco, Shaftesbury tie-up now expected in first quarter of 2023

(Alliance News) - Capital & Counties Properties PLC's acquisition of Shaftesbury PLC's is to be sealed in the first quarter of next year, as a UK watchdog is yet to begin a probe on the deal.

LONDON BROKER RATINGS: Berenberg likes Workspace, less keen on peers

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Capital & Counties trims loss in first half as conditions improve

(Alliance News) - Capital & Counties Properties PLC said on Tuesday its interim loss shrank as trading conditions remained uninterrupted by coronavirus.

IN BRIEF: Shaftesbury engages over failed AGM resolutions

Shaftesbury PLC - London West End property investor - Updates on resolutions that failed to pass at its annual general meeting back in February. The resolutions concerned dis-application of pre-emption rights, and failed to achieve 75% of the vote. Engages with the shareholder concerned who maintains that following the capital raise in 2020, the authorities to be granted granted under the resolutions were "unlikely to be imminently required".

Capital & Counties Properties operations stay "positive" in first half

(Alliance News) - Capital & Counties Properties PLC has reported that its operational performance in the first half remained "positive" on the back of strong leasing demand and high occupancy levels.

LONDON BROKER RATINGS: Citi cuts abrdn and Jupiter Fund Management

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

Berenberg lowers target price on CapCo and Shaftesbury

(Sharecast News) - Analysts at Berenberg lowered their target prices on both Capital & Counties and Shaftesbury on Friday as it took a fresh look at the UK real estate sector.

UK dividends calendar - next 7 days

Shaftesbury investor hits out at "expensive" Capco tie-up

(Alliance News) - A Shaftesbury PLC shareholders on Thursday hit out at the rationale and finances of the decision to merge with Capital & Counties Properties PLC.

LONDON MARKET MIDDAY: Bank of England hikes key interest rate to 1.25%

(Alliance News) - The pound remained lower against the dollar and equities also were down on the day at midday on Thursday, after the Bank of England decided to raise UK interest rates by a quarter of a percentage point.

London property merger to create $6 bln West End powerhouse

June 16 (Reuters) - Two of London's biggest property companies agreed to merge on Thursday to create a 5 billion pound ($6 billion) estate with sites in tourist hotspots including Covent Garden, Carnaby Street and Soho that are battling to recover from the pandemic.

TOP NEWS: Cap & Counties and Shaftesbury agree terms for merger

(Alliance News) - Capital & Counties Properties PLC and Shaftesbury PLC on Thursday said they have agreed the final terms of their all-share merger to create a central London-focused property investor with a combined portfolio value of GBP5.0 billion.