Shaftesbury : appoints new Head of Finance

Shaftesbury PLC, the Real Estate Investment Trust which invests exclusively in the liveliest parts of London's West End, is pleased to announce the appointment of Alastair Deutsch to the role of Head of Finance, working for Chris Ward, Shaftesbury's Finance Director. Alastair will have responsibility for financial planning and analysis, strategic commercial insights, treasury, tax, investor relations and IT.

Alastair joins Shaftesbury following nearly a decade at Landsec where he held a number of finance, treasury and strategic insight roles, most recently as Commercial Finance Director, responsible for management reporting on the Group's portfolio as well as commercial finance and decision support for its development programme. Prior to Landsec, he was a Finance Analyst at Sky, having started his career in Audit at KPMG.

Chris Ward, Finance Director commented:

'We are delighted to welcome Alastair to the Shaftesbury team. As a high-calibre individual, his extensive experience will add considerable value to both our finance and leadership teams.'

Alastair Deutsch, Head of Finance, said:

'I am really excited to be joining Shaftesbury at this critical time. It's a business that I have admired for many years, with an exceptional portfolio in the heart of the West End and a highly regarded team.'

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For further information:

Shaftesbury PLC 020 7333 8118 Brian Bickell, Chief Executive Chris Ward, Finance Director	RMS Partners 020 3735 6551 Simon Courtenay
MHP Communications 020 3128 8193 Oliver Hughes / Reg Hoare / Charles Hirst

Notes for Editors

About Shaftesbury

Shaftesbury is a Real Estate Investment Trust which invests exclusively in the liveliest parts of London's West End. Focused on food, beverage, retail and leisure, our portfolio is clustered mainly in Carnaby, Seven Dials and Chinatown, but also includes substantial ownerships in East and West Covent Garden, Soho and Fitzrovia.

Extending to 15.2 acres, the portfolio comprises 607 restaurants, cafés, pubs and shops, extending to 1.1 million sq. ft., 0.4 million sq. ft. of offices and 616 apartments. All our properties are close to the main West End Underground stations, and within 10 minutes' walk of the two West End transport hubs for the Elizabeth Line, at Tottenham Court Road and Bond Street.

In addition, we have a 50% interest in the Longmartin joint venture, which has a long leasehold interest, extending to 1.9 acres, in St Martin's Courtyard in Covent Garden.

Our Purpose

Our purpose is to curate vibrant and thriving villages in the heart of London's West End. Our proven management strategy is to create and foster distinctive, attractive and prosperous locations. We have an experienced management team focused on delivering our long-term strategic objectives, ultimately to deliver a positive, long-lasting contribution to the West End. We have a strong balance sheet with conservative leverage.

Our Values

At Shaftesbury, we have five core values that are fundamental to our behaviour, decision making and the delivery both of our purpose and strategic objectives: being human in how we operate, original in how we nurture talent and think, community minded in our approach to the West End, being responsible and long term in our approach to everything.

Since 2015, Shaftesbury has supported the UN Global Compact principles of sustainability and, in 2019, we integrated the UN Sustainable Development Goals into our sustainability strategy. We have long been committed to operating in a sustainable way. At the core of our sustainability strategy is reusing and improving, rather than redeveloping buildings. In doing so, Shaftesbury extends the useful economic lives of these buildings while preserving the West End's rich heritage for future generations.