Shaftesbury has closed its £307m equity issue.
The West End landlord announced the deal in October, saying it was necessary to give it the “financial flexibility and resources to navigate the unprecedented near-term operational challenges caused by the Covid-19 pandemic”.
Shareholders Capco and Norges both backed the transaction.
The new shares will start trading on 18 November.
To send feedback, e-mail tim.burke@egi.co.uk or tweet @_tim_burke or @estatesgazette