Great Portland Estates reports string leasing success, rising rents
23rd Jan 2019 09:21
(Sharecast News) - Great Portland Estates reported strong leasing success in the quarter to December 31 as rents were agreed 18.3% above previous passing rents with five tenants.
Read moreGreat Portland Estates joint venture buys back Bond Street station land
31st Oct 2018 07:29
(Sharecast News) - Great Portland Estates announced on Wednesday that one of its joint ventures, the GHS Limited Partnership, has completed the land buy back from Transport for London at its Hanover Square development.
Read moreFTSE 250 movers: Travel firms fly lower, Intu buoyed by bid
19th Oct 2018 13:40
(Sharecast News) - London's mid cap index was down 0.70% at 18,828.74 on Friday, as travel firms stumbled.
Read moreGreat Portland signs £450m revolving credit facility
12th Oct 2018 07:44
(Sharecast News) - Great Portland Estates has signed a £450m unsecured revolving credit facility with six existing relationship banks.
Read moreThursday broker round-up
11th Oct 2018 13:05
(Sharecast News) - Restaurant Group: HSBC upgrades to buy with a target price of 370p.
Read moreGreat Portland Estates sells Mortimer Street property for £38.5m
9th Oct 2018 07:50
(Sharecast News) - Great Portland Estates has sold a multi-let office and retail building at 27/35 Mortimer Street, W1, for £38.5m to Orchard Street Investment Management on behalf of St James's Place.
Read moreGreat Portland Estates sells London office block for £65m
3rd Oct 2018 07:34
(Sharecast News) - FTSE 250-listed Great Portland Estates said it had exchanged contracts to sell 55 Wells Street, W1 to an unnamed overseas investor for a headline sale price of £65.46m.
Read moreRichard Mully to succeed Martin Scicluna as Great Portland Estates chair
24th Sep 2018 08:20
(Sharecast News) - Great Portland Estates announced the appointment of Richard Mully as non-executive chairman on Monday, with effect from 1 February.
Read moreGPE sells 160 Great Portland Street
15th Aug 2018 12:03
(Sharecast News) - Great Portland Estates has sold 160 Great Portland Street, W1 to 139 Westar House Marylebone Limited, part of the Alduwaliya Asset Management group, for £127.4m.
Read moreGreat Portland sells Rathbone Square, proposes £110m return to shareholders
10th Feb 2017 07:44
(ShareCast News) - Great Portland Estates has sold the freehold of Rathbone Square, London W1, to Rathbone Place Jersey Limited £435m, reflecting a net initial yield to the buyer of 4.25%. The sale is expected to crystallise a whole-life capital return for GPE from the entire development project of
Read moreGreat Portland Estates upbeat after quarter of lettings
26th Jan 2017 09:02
(ShareCast News) - Great Portland Estates published its trading update for the quarter to 31 December on Thursday, with 16 new lettings totalling 86,600 sq ft signed during the quarter, generating annual rent of £7.2m p.a. - £6.4m of which is the company's share - 2% above March 2016 estimated recov
Read moreSector movers: REITS, electricity stocks drop
19th Jan 2017 16:22
(ShareCast News) - Tobacco stocks rose to the top of the leaderboard after analysts at Citi sung the praises of British American. In a research note sent to clients, analysts Adam Spielman, Jemima Benstead and Ravi Sharma said the firm was producing "some of the best" organic sales growth in the Eur
Read moreExane upgrades British Land on valuation but remains cautious on UK property
5th Jan 2017 12:20
(ShareCast News) - Exane BNP Paribas upgraded British Land to 'neutral' from 'underperform' and lifted the price target 6% to 700p on valuation grounds, as it took a look at the real estate sector. "Having significantly underperformed the sector in 2016, we believe NAV weakness is now largely priced
Read moreTuesday broker round-up
13th Dec 2016 13:12
(ShareCast News) - British Land: Barclays reiterates overweight with a target price of 740p. GlaxoSmithKline: UBS reiterates neutral, 1600p target. Reckitt Benckiser: Jefferies reiterates buy with a 7750p target. GB Group: Berenberg reiterates buy with a 340p target. Great Portland Estates: Barcl
Read moreThompson quits Great Portland board after recent appointments
13th Dec 2016 07:33
(ShareCast News) - Great Portland Estates announced on Tuesday that executive director Neil Thompson has stepped down from the board with immediate effect, and will leave the group on 31 December. The FTSE 250 company said its executive committee had already recently been strengthened by the appoint
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