London property giant Shaftesbury Capital has announced that “following the completion of a number of important initiatives Andrew Price, executive director will be stepping down from his role at the end of this year to pursue other opportunities”.
Andrew Price – Shaftesbury Capital
Price joined the business in 2001 and has “undertaken a number of significant investment, asset management and leadership roles”.
Following the Shaftesbury and Capco merger and the sale of the Fitzrovia portfolio he led the operations team “to achieve efficiencies across the portfolio and drive the enhancement of sustainability initiatives”.
CEO Ian Hawksworth said that he “made a significant contribution to the company over many years. He leaves with our thanks and best wishes for the future”.
There was no hint of where he’s off to next.
The news comes less than a month after the company said Michelle McGrath, also an executive director, would be stepping down from her role to pursue other opportunities. She too will leave at the end of the year.
Shaftesbury Capital was created in 2022 as two of London’s major landlords merged to form an entity that now controls huge swathes of Soho, the West End and Covent Garden. Its properties have been among the most buoyant in recent periods and in an update earlier this month it talked of being “busy and vibrant through this important trading period, with high occupancy, footfall and sales volumes”.
