StockMarketWire.com - Shaftesbury, the real estate investment trust which owns a 14.9 acre portfolio in London's West End, has exchanged contracts to acquire the freehold of 35 and 36 Great Marlborough Street, Carnaby for £22.7 million, inclusive of acquisition costs.

This brings Shaftesbury's gross expenditure on acquisitions since 1 October 2017 to £140.1 million. Located at the northern gateway in to Carnaby, the buildings comprise two shops (3,000 sq ft) with 4,250 sq ft of office accommodation on the upper floors. Current contracted income is £0.54 million per annum.


At 8:54am: [LON:SHB] Shaftesbury share price was +0.5p at 1011.5p



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