London close: Stocks rise after UK borrowing data, Nvidia results

21st Nov 2024 16:00

(Sharecast News) - London stocks ended Thursday on a positive note, as markets rebounded following quarterly results from US tech giant Nvidia and investor response to the latest UK government borrowing figures.

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Great Portland Estates flags fall in half-year earnings

14th Nov 2024 09:58

(Sharecast News) - Great Portland Estates reported a fall in earnings per share in an update on Thursday, despite progress in strategic acquisitions and resilient leasing performance.

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Jefferies downgrades Big Yellow and PRS in REIT sector review

12th Nov 2024 10:11

(Sharecast News) - Jefferies on Tuesday announced a number of ratings changes to its coverage of the UK real estate investment trust (REIT) sector, downgrading its recommendations for Big Yellow Group and PRS Reit but upgrading its stance on Landsec.

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Great Portland Estate buys West End site, signs new £150m loan

11th Nov 2024 07:45

(Sharecast News) - London-focused real estate group Great Portland Estates is spending £58.5m on a refurbishment opportunity near Tottenham Court Road, as the company announced the signing of a new £150m ESG-linked unsecured revolving credit facility (RCF).

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Most attractive time in the last decade to buy GPE, says Citi

8th Nov 2024 09:19

(Sharecast News) - Citi upgraded its stance on Great Portland Estates on Friday to 'buy' as it said it was the most attractive time to buy in the last decade.

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Great Portland Estates acquires Fitzrovia property

29th Oct 2024 09:16

(Sharecast News) - Property development and investment firm Great Portland Estates has acquired 19/23 Wells Street in Fitzrovia from British Land for £19.0m.

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Great Portland reaffirms ERV guidance after strong quarter

10th Oct 2024 07:47

(Sharecast News) - London real estate developer Great Portland Estates reaffirmed annual rental value guidance after a strong three months to the end of September, adding that an improving economy, falling interest rates and scarcity of supply would drive growth.

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Gaggenau lets Marylebone flagship store from Great Portland Estates

1st Oct 2024 07:24

(Sharecast News) - London-focused property group Great Portland Estates has let nearly 7,000 square feet of retail space at Orchard Court in Marylebone to luxury home appliances brand Gaggenau.

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Great Portland Estates lets retail space on Mount Royal

25th Jul 2024 10:25

(Sharecast News) - Property development firm Great Portland Estates has let 20,000 square feet of retail space at the western end of Mount Royal in West London.

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London close: Stocks rise as UK election enters final hours

4th Jul 2024 15:41

(Sharecast News) - London stocks remained in the green by the close on Thursday, buoyed by optimistic market sentiment as UK voters headed to the polls amid widespread expectation of a Labour party victory.

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Great Portland Estates reports strong quarter for leasing

4th Jul 2024 07:18

(Sharecast News) - Great Portland Estates (GPE) reported robust leasing activity for the quarter ended 30 June on Thursday, having signed 12 new leases and renewals generating an annual rent of £4.3m, with market lettings on average 7.7% ahead of its March estimated rental value (ERV).

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Great Portland Estates acquires West End Flex conversion opportunity

23rd May 2024 09:21

(Sharecast News) - Property developer Great Portland Estates has acquired a West End Flex conversion opportunity at The Courtyard, WC1 from the City of London Corporation.

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Great Portland Estates inks lease with fashion brand Represent

15th Apr 2024 07:08

(Sharecast News) - Great Portland Estates announced on Monday that British luxury brand Represent had agreed to open its new London flagship store at the company's 135/141 Wardour Street property in Soho.

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London close: Stocks finish lower as ECB stands pat

11th Apr 2024 15:56

(Sharecast News) - London's stock markets finished in negative territory on Thursday, as investors reacted to the European Central Bank's latest policy announcement and a producer price index release in the United States.

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Great Portland Estates upbeat after 'strong' quarter

11th Apr 2024 07:03

(Sharecast News) - Great Portland Estates struck an upbeat note on Thursday, on the back of strong demand and a likely cut in interest rates.

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