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Shaftesbury property rent problems

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© Licensed to London News Pictures. 23/10/2020. LONDON, UK. A passer by interacts with a new reflective sculpture called "A~V", 2020, by Ben Cullen Williams in Covent Garden. Shaftesbury, owner of 16 acres of land in the capital including Chinatown, parts of Soho and Covent Garden, has announced emergency plans to raise almost £300m to help it survive the coronavirus pandemic as tourists and workers stay away from the West End. The property firm is struggling to collect rent from its retail, restaurant and bar tenants, who have had persistently lower footfall and trade. Photo credit: Stephen Chung/LNP

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©2020 Under licence to London News Pictures Ltd. +44 208 088 1155 press@londonnewspictures.co.uk
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londonnewspictures.co.uk
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© Licensed to London News Pictures. 23/10/2020. LONDON, UK. A passer by interacts with a new reflective sculpture called "A~V", 2020, by Ben Cullen Williams in Covent Garden. Shaftesbury, owner of 16 acres of land in the capital including Chinatown, parts of Soho and Covent Garden, has announced emergency plans to raise almost £300m to help it survive the coronavirus pandemic as tourists and workers stay away from the West End. The property firm is struggling to collect rent from its retail, restaurant and bar tenants, who have had persistently lower footfall and trade. Photo credit: Stephen Chung/LNP