Companies Reporter
Shaftesbury Capital signed 151 news leases and renewals in the first four months of the year as its lucrative London West End portfolio continued to prove resilient despite the uncertain geopolitical backdrop.
CEO Ian Hawksworth said in a statement ahead of the group’s AGM that the central London mixed-use real estate investment trust (Reit) had made a positive start to 2026, demonstrating the strength and resilience of its prime West End portfolio.
The new leases and renewals completed in the period January 1 to end-April year were concluded at 5% and 18% ahead of market rents and previous passing rents respectively. The 151 leasing transactions represent £13.7m of new contracted rent.
The group’s West End portfolio includes Covent Garden, Carnaby Street and Chinatown in central London, some of the most sought-after real estate in the city.
