Shaftesbury chief executive Jonathan Lane has invested a further £100,000 in the property investor.
Lane has bought 22,222 shares at 450p each. That takes his stake to 966,233 shares, which is worth £4.3m at the latest purchase price. Lane raised just over £99,000 from the sale of option shares last December.
The property company is focused on London's theatre-land district and in February it said demand for its properties has remained healthy since the end of September.
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The company said investment activity in London's West End is returning to more normal levels, with Shaftesbury playing its part, having bought properties at a total cost of £30m since October. The group expects a further increase in activity over the next 12 months.
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Shaftesbury has tapped £486m of its £575m committed bank facilities. The average all-in cost of its bank debt at 31 January 2011 was 4.62%. Including its £61m of debenture borrowings, the overall cost of debt was 5%.
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