Company
Great Portland Estates
LON:GPOR
Great Portland Estates plc is a central London property investment and development company. The principal business of the Company is the investment in, and development of, freehold and leasehold properties.
68 stories
Troubling times for London landlords as office vacancies hit 30-year high
Downgrades across the board for British Land, LandSec, Derwent and Great Portland Estates
GPE sells first net-zero-development for £190mln
The sale price of the building on the corner of Finsbury Square and Finsbury Pavement is broadly in line with its March book value
The new Elizabeth Line was worth the wait
The newly built areas of the station were clean, the air was fresh, and there was a modern feel to the whole thing
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Water Intelligence higher after topping expectations
A look at some of the major movers in London on Monday
London office market rebounds as more developers shrug off home working trend
In the six months to September, work started on 3.4mln square feet of new office space in the capital, well above the long-term average of 2.4mln square feet
Great Portland boasts strong quarter as London office demand bounces back
"Looking ahead we expect healthy demand to persist," said the London-focused landlord
Great Portland Estates rents out three floors of major Whitechapel development
The Hickman is a seven-storey building that has undergone an extensive refurbishment
Great Portland Estates launches decarbonisation fund to reach net-zero target
Meanwhile, investment activity in the central London commercial property market is expected to pick up
Great Portland Estates COVID-19 fund hands out £325,000
Reflecting its presence in the UK capital, Great Portland said the donations primarily went to charities in London
Great Portland sees hospitality rent collections tumble
Great Portland is ‘well-positioned for any eventuality' its CEO Toby Courtauld said
Great Portland strengthens financial position with debt issue
The issue increases available liquidity to more than £500mln
Great Portland Estates resorts to deposits as tenants struggle to pay rent due to coronavirus pandemic
The landlord is focused on offices and commercial spaces in central London, which have been hit hard by the lockdown
Great Portland Estates expects fall in demand, raises dividend
The landlord also signed a new rental contract, established a community fund and vowed to go net-zero by 2030
Great Portland Estates optimistic after general election
The central London-focused developer sees improved activity in its market following political clarity
Great Portland Estates says London to remain “Europe’s business capital”
The FTSE 250-listed property developer expects rental value growth to range between -2% to +1.5% for the financial year to 31 March
Great Portland Estates drives higher rents in sturdy London property market
Seven rent reviews in the three months to June were made at 17.2% above previous rates
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FTSE 100 closes slightly ahead but Wall Street shares slide
The Footsie closed out at 7,334 - up around five points, while mid-cap index was firmly lower- down 129 points at 19,307
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Inflation figures to lead macro news on Wednesday, Royal Mail braces for full year figures
Economists are expecting the consumer price index to be well below the recent growth in average earnings at around 1.8% year-on-year in April
Land Securities lifted by Deutsche Bank to ‘buy’ from ‘hold’ in major review of the London office market
Aside from Land Securities, the German bank’s analysts also upgraded ratings for mid-cap property firms Derwent London and Great Portland Estates both to ‘buy’ from ‘hold’ too
Berenberg downgrades Workspace, initiates three other property stocks as it launches coverage of London office market
Berenberg's analysts concluded: “Capital values and rents are at all-time highs and have begun to turn, while increasing tenant expectations are putting pressure on operating margins and increasing building obsolescence”
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FTSE 100 closes in the red as global market unease continues
Britain's blue-chip index closed over 58 points lower at 6,642, while the FTSE 250 was also down
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Blue-chip heavy into hump day as Burberry and Antofagasta report
Updates will be coming thick and fast from both the FTSE 100 and FTSE 250 on Wednesday
Investments and investor services
Brexit a factor in easyJet update, while US/China trade wars could be a drag for Burberry
The Week Ahead will also bring trading updates from the likes of Vodafone, Anglo American, William Hill, Dixons Carphone, and WH Smith, plus the latest UK jobs and wages data
Sainsbury unveils appointment of City grandee Martin Scicluna as non-executive chairman to succeed David Tyler
Scicluna, who is chairman of RSA Insurance PLC, will join as the food retailer's chairman-designate on 1 November 2018 and it anticipates that he will assume the role of chairman from the beginning of the new financial year in March 2019, o
Investments and investor services
FTSE 100 closes firmly in red as resource stocks suffer
Global markets are in the red after Donald Trump said he was not happy with the progress of talks with China.
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M&S shareholders braced for another gloomy update
M&S announced shop closures a day ahead of its results announcement; was that to spread the bad news over two days or to ensure the bad news did not overshadow a decent trading performance?
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Retailers in focus for coming week, with Marks & Spencers, Kingfisher, and Halfords set to update
Aside from the retails, the week ahead includes results from utilities Pennon PLC, Severn Trent PLC, United Utilities PLC, and SSE PLC, plus updates from Ryanair PLC and Britvic PLC, and the latest UK inflation numbers
Property in vogue: Credit Suisse shuffles ratings for London Office REITs
The Swiss bank’s analysts said: “London office focused REITs have been out of favour with investors for almost two years as fears over the late stage of the property cycle and the impact of Brexit have sustained material NAV discounts”
Investments and investor services
FTSE 100 joins global sell-off to close lower
Data out yesterday suggested Chinese industrial production growth is starting to slow, which is bad news for miners, but Fresnillo topped Footsie today
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Talktalk Telecom to shed light on its growing B2B unit
Growth in the business unit might ease some of the pain from lower revenues and earnings
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Don’t expect fireworks from Taylor Wimpey’s quarterly numbers
House builders and telcos will provide some of the weeks highlights.
Deutsche Bank boosts British Land with upgrade to 'buy' from 'hold' in UK real estate review
The German bank also raised its target price for the FTSE 100-listed firm to 660p from 590p, with the stock trading at 609.5p, up 1.8% or 10.5p on Friday’s closing price
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Argos to put some zip into J Sainsbury
Week ahead, J Sainsbury, Non-farm payrolls, Ocado, Imagination Technologies
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Marks & Spencer's chief needs good news on clothing
Analysts are worried clothing arm is relapsing in spite of vow to fix it by Steve Rowe
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Marks & Spencer's womenswear woes under scrutiny again as retailers dominate
Week ahead: Marks & Spencer, Dixons Carphone, Kingfisher, De la Rue...
Will Royal Mail deliver?
In July, the group said it was monitoring the Brexit situation as movements in gross domestic product were drivers for volumes of letter and business parcels
Week Ahead: Royal Mail needs to deliver pre-Christmas surprise
Elsewhere, Crest Nicholson, Barratt Developments, easyJet, Vodafone, TalkTalk and others will all report to the market in one form or another
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Brokers: Antofagasta and KAZ get upgraded
Brokers were obviously impressed with yesterday’s rally in the mining sector as both Credit Suisse and Jefferies upgraded
Preview: M&S and Sports Direct to test investors' patience
Investors in Marks & Spencer PLC (LON:MKS) will hope for news of a long-awaited upturn in the retailer’s clothing business when it updates on trading on Thursday.
Week Ahead: Housebuilders and retailers to face referendum grilling
Reports have suggested the EU referendum result is likely to depress house prices
Week ahead, including Randgold Resources, Thomas Cook, ARM and Rolls
A look at next week's agenda, and there are some big names reporting...
Week ahead, including Randgold Resources, Thomas Cook, ARM and Rolls
A look at next week's agenda, and there are some big names reporting...
Week ahead, including Randgold Resources, Thomas Cook, ARM and Rolls
A look at next week's agenda, and there are some big names reporting...
Week ahead, including Randgold Resources, Thomas Cook, ARM and Rolls
A look at next week's agenda, and there are some big names reporting...
Archive
Some uncertainty removed at Pearson, says Barclays
Pearson, a business that was once described as 'opaque'. has had some "layers of uncertainty" removed, Barclays said
Week Ahead: TalkTalk has some explaining to do
There are bigger companies reporting this week, such as Sainsbury's, Prudential, SABMiller and Rolls-Royce, but few will command as much coverage as TalkTalk,
Facebook moves London office to Fitzrovia
Facebook signed a 15 year deal, worth an initial rent of £16.9mln
Fridays most followed, including JD Wetherspoon, New World Oil & Gas, Facebook, Goldman and oil
As the politicos and pundits eagerly await the result of the Labour leadership vote, attracting interest on the net was among other things, the oil price and pub chain JD Wetherspoon..
Investments and investor services
Broker spotlight: Oil super-majors, Falcon Oil & Gas, Sirius Minerals, Sky, UK property companies
The super-majors are the energy stocks to have, says Deutsche Bank, but Falcon Oil & Gas's Aussie drilling results show there is still a place for a well-chosen minnow.
Investments and investor services
Broker spotlight: Oil super-majors, Falcon Oil & Gas, Sky, UK property companies
The super-majors are the energy stocks to have, says Deutsche Bank, but Falcon Oil & Gas's Aussie drilling results show there is still a place for a well-chosen minnow.
Shell's a standout opportunity in ‘horrible and trapped’ sector
Shell, BG, and Astrazeneca are among the blue-chips under Thursday's broker spotlight