Shaftesbury owns prime central London locations, including Carnaby Street
(Picture: PA)Landlord Shaftesbury has heralded a “rapid rebound” in the West End’s economy as shoppers flood back into the area, as it claims it is broadly insulated from the wider cost-of-living crisis in the UK.
The company’s full year results showed footfall and spending were both higher than in 2019, with its occupiers reporting average monthly sales around 6% ahead of pre-pandemic levels.
