The Covent Garden estate, which is centred around the historic vegetable market close to the Royal Opera House, and includes more than 200 shops and 190 bars, restaurants and cafes, will continue ...

Norway’s sovereign wealth fund, the world’s biggest, has struck a hefty £570mn deal to acquire a quarter of the Covent Garden estate ... to capitalise on market opportunities in London ...

Shaftesbury Capital has sold a quarter of Covent Garden to Norwegian oil fund Norges ... estate and diversified its portfolio in light of “market challenges” from Covid-19 and rising real ...

Shaftesbury Capital shares rose after the company said it was selling a 25% interest in its Covent Garden portfolio in ... Dow Jones Newswires is a market-moving financial and business news ...

portfolio of prime property around London’s Covent Garden district, according to a statement on Thursday. The transaction, set to conclude in April, will hand £570 million in cash to Shaftesbury.

Covent Garden is one of London’s prominent cultural hubs. When the city was decimated by fire in 1666, the area rose to the occasion, becoming London’s largest market selling fruit and vegetables.

within the London districts of Covent Garden and Seven Dials. London-listed shares of Shaftesbury Capital jumped nearly 16% at the market open before paring gains slightly. The stock was last up 8 ...

Norges will pay £570mn in cash for a one-quarter share of Covent Garden, which will continue to hold £380mn of debt against its £2.7bn property value © Zoonar ...

and Market Buildings as well as at nearby Seven Dials. The funds will give Shaftesbury a huge war chest for buying further properties in the Covent Garden are as well as in Soho. The Covent Garden ...

Norwegian sovereign wealth fund adds stake in West End estate to its growing portfolio of UK retail assets.

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