Shaftesbury Capital Share News (SHC)

LONDON BROKER RATINGS: Morgan Stanley cuts BP; UBS cuts Deliveroo

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

UK dividends calendar - next 7 days

IN BRIEF: Shaftesbury Capital sells Covent Garden stake to Norges Bank

Shaftesbury Capital PLC - real estate investment trust formed from merger of Capital & Counties Properties PLC and Shaftesbury PLC - Completes the sale of 25% stake in Covent Garden, in the West End of London, to Norges Bank Investment Management, the Norwegian sovereign wealth fund. The deal marks the start of a "long-term partnership" between the two. Shaftesbury retains 75% ownership and management control over Covent Garden, which was independently valued at GBP2.7 billion as at December 31.

IN BRIEF: Shaftesbury Capital non-exec director invests GBP50,000

Shaftesbury Capital PLC - real estate investment trust investing in London West End - Non-Executive Director Madeleine Cosgrave buys 40,000 shares at GBP1.27, worth GBP50,799, on Friday. The shares are her only holding, having joined the board in August last year.

LONDON MARKET CLOSE: FTSE flat as wary BoE leaves May hold option open

(Alliance News) - The FTSE 100 closed little changed on Thursday as traders weighed a 'hawkish' rate decision in the UK alongside other global monetary policy decisions.

LONDON BROKER RATINGS: HSBC raises Lloyds Banking to 'buy'

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

Shaftesbury shares pop on London deal with Norges Bank

March 20 (Reuters) - Shares in Shaftesbury Capital opened up over 17% on Thursday after a deal with Norway's sovereign wealth fund, which analyst said signalled confidence in the London property market.

LONDON BRIEFING: Prudential lifts dividend amid double-digit growth

(Alliance News) - London stocks are called to open lower on Thursday, ahead of a Bank of England rate call, as investors digest the unchanged rate announced by the US Fed on Wednesday.

Norway sovereign wealth fund makes $1 bln real estate investments

COPENHAGEN, March 20 (Reuters) - Norway's sovereign wealth fund said on Thursday it had bought stakes in two real estate portfolios from Shaftesbury Capital and AXA Lifestyle housing for a total amount of $1 billion.

Shaftesbury Capital forms Covent Garden partnership with Norges Bank

(Alliance News) - Shaftesbury Capital PLC said on Thursday it has formed a long-term partnership with Norges Bank Investment Management, the Norwegian sovereign wealth fund, in relation to its Covent Garden estate, in London's West End.

IN BRIEF: Shaftesbury Capital confirms Norges talks over Covent Garden

Shaftesbury Capital PLC - real estate investment trust formed from merger of Capital & Counties Properties PLC and Shaftesbury PLC - Confirms it is in advanced discussions with Norges Bank Investment Management over a potential partnership in relation to its Covent Garden portfolio. Says Covent Garden, in the West End of London, was independently valued at GBP2.7 billion as at December 31.

Shaftesbury Capital raises dividend but reports decline in 2024 profit

(Alliance News) - Shaftesbury Capital PLC on Thursday reported its profit tumbled by two thirds in 2024, reflecting a one-off gain a year before.

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: Jefferies raises Spirax; Peel Hunt cuts Grainger

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