Shaftesbury PLC (SHB.L)
30 Nov 2020
Wed, Jun 10 2020
June 10 Shaftesbury said on Wednesday it would aim to collect 50% of rents due for the months between April and September and permanently move commercial tenants on to monthly rents from October as part of moves to reset leases hit by the coronavirus crisis.
June 10 Shaftesbury said on Wednesday it would aim to collect 50% of rents due for the months between April and September and permanently move commercial tenants onto monthly rents from October as it seeks to reset leases hammered by the coronavirus crisis.
Capital & Counties Properties has agreed to buy a 26.3% stake in London rival Shaftesbury from Hong Kong tycoon Samuel Tak Lee's for 436 million pounds ($540.7 million), the real estate manager said on Monday.
* Tak Lee withdraws legal proceedings against Shaftesbury (Adds CEO quote, analyst comments, share move)
June 1 British property manager Capital & Counties Properties said on Monday it had sealed the purchase of Hong Kong tycoon Samuel Tak Lee's 26.3% stake in central London rival Shaftesbury for 436 million pounds ($540.73 million).
* SHAFTESBURY - LEGAL PROCEEDINGS ISSUED BY COS WHOSE FORMER BENEFICIAL OWNER WAS SAMUEL TAK LEE HAVE NOW BEEN WITHDRAWN Source text for Eikon: Further company coverage: