Shaftesbury is a Real Estate Investment Trust, which invests exclusively in the heart of London’s West End. Our objective is to deliver long-term growth in rental income, capital values and shareholder returns.
1.8 m sq.ft.
commercial and residential space and 0.3m sq.ft. in joint venture2
clustered in iconic
areas with high footfall
annualised current income1
estimated rental value1
plus 1.9 acres owned in joint venture2
which appeal to visitors, businesses and residents
of our portfolio is between five and ten minutes’ walk of an Underground/Elizabeth Line station and close to major visitor attractions
0.6 m sq. ft.
0.5 m sq. ft.
RESTAURANTS, CAFÉs and Pubs
OF COMMERCIAL AND RESIDENTIAL ACCOMMODATION PLUS 0.3M SQ.FT. HELD IN JOINT VENTURE
1.8 MILLION SQ. FT.
0.3 m sq. ft.
WHY LONDON'S WEST END
Overseas’ visits to London in 2016, expected to grow 3.5% pa by 2025
London’s population (10m by 2036)
Annual visits to the West End
of UK GDP produced within Westminster
CITY OF Westminster's working population
+30 museums, galleries and other attractions
EXPERIENCED MANAGEMENT TEAM
MANAGEMENT STRATEGY TO CREATE PROSPEROUS ENVIRONMENTS FOR TENANTS
SUSTAINED RENTAL GROWTH THROUGH THE CYCLES
Annualised current income
INVESTING IN OUR PORTFOLIO
increasing leveL of asset management activity
6.6% of ERV under refurbishment at 30 September 2017
- equivalent to £8.9m
- 124,000 sq.ft.
Space under refurbishment (% of ERV3)
we are not exposed to material speculative development risks
High level of asset management and refurbishment activity...
…yet annual capex is around 1% of portfolio value
Selective acquisitions in our locations
PRUDENT FINANCIAL MANAGEMENT
Loan to value1
Weighted average debt maturity1
Policy to maintain steady growth in dividends, reflecting the long-term trend in income and earnings
DIVIDEND PER SHARE
DIVIDENDS PER SHARE (pence)
PROMOTING GOOD SOCIAL RESPONSIBILITY
22 Ganton Street
Carnaby, London W1F 7FD
Andrew Leach, Reg Hoare
5. Calculated in accordance with EPRA’s Best
Practice and Policy Recommendations
6. As at 30 September 2017
7. 5 year period up to dividend for 2017