Shaftesbury Capital posted a 35% profit surge in 2025, boosted by strong leasing and rising rents, and raised its dividend by 14%.

Shaftesbury Capital reported strong 2025 results with a 35% rise in attributable profit to £340.2 million, driven by higher rents, strong leasing activity, and property revaluations. The company achieved 10% above ERV on new leases, maintained low vacancy at 2.6%, and reduced net debt to £0.8 billion. It raised its total dividend by 14% to 4p and secured new financing, including a £300 million Covent Garden facility. Despite maturing bonds and debt refinancing needs, management expects stable finance costs. The stock rose on the news, with analysts rating it a "Moderate Buy."