Shaftesbury sees profits surge as it hails Crossrail arrival

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West End property business Shaftesbury saw profits surge as the company hailed the arrival of Crossrail as a boon for spending in the shopping and nightlife district.

The firm’s net property income grew 55% to £41 million in the six months to March 2022, while the value of its portfolio swelled 7.5% in six months to reach £3.26 billion.

 

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