Shaftesbury Plc collects 41% of rents due for the six months to 30 September 2020

1 min read | September 26, 2020 07:55 AM AEST | By Team Kalkine Media

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Shaftesbury Plc (LON:SHB) has released its trading update for the period 1 April 2020 to 24 September 2020.

The company has stated that since the easing of Government restrictions started to take effect from late June, the West End has seen a steady recovery in footfall with the return of local and domestic leisure guests.
The company has collected 41 per cent of rents due for the six months to 30 September 2020.
10 per cent of the collections are expected to be subject to deferred collection arrangements, while 23 per cent are being waived and 26 per cent remain outstanding on 11 September 2020.
On 25 September 2020, at the time of writing, GMT 13:03 PM, SHB shares were trading at GBX 461.80, up 0.60 points or 0.26% against the previous day closing price.

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