Morgan Stanley downgrades some UK office stocks, sees medium-term headwinds
5th Jan 2021 16:29
(Sharecast News) - Analysts at Morgan Stanley downgraded their view on several UK office stocks in response to expected increases in supply and the structural uncertainties that were still present.
Read moreGreat Portland swings to loss as retail values slump
11th Nov 2020 07:40
(Sharecast News) - West End property developer Great Portland Estates swung to a half-year loss after a slump in the plunge in the valuation of its retail portfolio due to the coronavirus restrictions.
Read moreWednesday preview: ECB, Great Portland Estates in the spotlight
10th Nov 2020 15:10
(Sharecast News) - Financial markets' focus in the middle of the week will be on the start of the European Central Bank Forum, with investors keen to hear the latest views from monetary authority's top officials on current economic conditions, although forecasts appear to be in a state of flux following the latest Covid-19 vaccine news.
Read moreGreat Portland Estates says 73% of September rent collected
12th Oct 2020 07:44
(Sharecast News) - Great Portland Estates said on Monday that 73% of its September rent has been collected despite the pandemic but that the outlook remains uncertain due to the impact of the Covid-19 crisis.
Read moreMorgan Stanley asks whether office stocks are 'overly discounted'
30th Sep 2020 12:00
(Sharecast News) - Analysts at Morgan Stanley sounded a positive note on European office stocks, pointing out various price signals that appeared to point to the group now being overly discounted.
Read moreKKR buys 5.35% stake in Great Portland Estates
28th Sep 2020 09:12
(Sharecast News) - Shares of Great Portland Estates surged on Monday after private equity firm KKR bought a stake in the property company.
Read moreGreat Portland collects 69% of June rent as tenants feel Covid pressure
10th Jul 2020 07:02
(Sharecast News) - London commercial landlord Great Portland Estates said it had collected 69% of June rent to date including amounts covered by rent deposits as tenants felt the pressure of the coronavirus lockdown.
Read moreThursday broker round-up
21st May 2020 13:24
(Sharecast News) - Experian: RBC Capital Markets downgrades to sector performer with a target price of 2,700p.
Read moreWednesday broker round-up
20th May 2020 13:56
(Sharecast News) - Great Portland Estates: Peel Hunt downgrades to reduce with a target price of 630p.
Read moreGreat Portland Estates confident in position, will pay final divi
20th May 2020 08:31
(Sharecast News) - Great Portland Estates reported a 0.3% fall in its portfolio valuation down 0.3% for the year ended 31 March on Wednesday, although developments were up 11.9%, with offices up 1.0% and retail down 3.5%.
Read moreGreat Portland decision on final dividend to be made in May
3rd Apr 2020 07:45
(Sharecast News) - Great Portland Estates said on Friday that it remains in a strong financial position, that it has collected 63% of its March rent and that a decision on the final dividend will be made once the year end results are finalised in May.
Read moreGreat Portland Estates pleased performance in latest quarter
13th Feb 2020 09:28
(Sharecast News) - Great Portland Estates updated the market on its trading for the quarter ended 31 December on Thursday, reporting ongoing leasing successes ahead of March 2019 estimated recovery values.
Read moreGreat Portland Estates signs ?450m sustainability-linked credit facility
6th Feb 2020 07:51
(Sharecast News) - Great Portland Estates has signed a £450m environmental, social and governance (ESG) linked unsecured revolving credit facility at a headline margin of 90 basis points over LIBOR, it announced on Thursday, with a group of five existing relationship banks.
Read moreGreat Portland Estates sells Britton Street property to overseas investor
10th Jan 2020 07:27
(Sharecast News) - Great Portland Estates has exchanged contracts to sell 24/25 Britton Street, EC1 to an overseas investor for a headline sale price of £64.5m, it announced on Friday equating to £64.06m after the deduction of vendor top ups.
Read moreDeutsche Bank downgrades London office real estate sector
18th Dec 2019 12:15
(Sharecast News) - Deutsche Bank downgraded its stance on the London office real estate sector to 'hold' on Wednesday, citing limited upside at current valuations.
Read more