London landlord Shaftesbury taps investors for £300m

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London landlord Shaftesbury taps investors for £300m

Shaftsbury_Carnaby_street_PA_575_375
A view of Carnaby Street in London. Photo date: Tuesday, August 1, 2017. Photo credit should read: Richard Gray/EMPICS Entertainment | Richard Gray/EMPICS Entertainment

Shaftesbury, the UK real estate investment trust that owns swathes of London’s West End, is tapping its shareholders for almost £300m ($392m) amid a severe downturn in the theatre district because of the Covid-19 pandemic.

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