Shaftesbury seals £2.7bn Covent Garden partnership with Norges Bank
Shaftesbury exchanged contracts for the sale of a 25% non-controlling interest in the Covent Garden estate to NBIM
20 March 2025 - 08:59
UPDATED 20 March 2025 - 09:54
Shaftesbury Capital, the central London mixed-use real estate investment trust (Reit), has formed a strategic long-term partnership with Norges Bank Investment Management (NBIM) in respect of its Covent Garden portfolio.
The market welcomed the deal, with the company’s shares surging 18.1% to R32.50 by 10.20am on the JSE...
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