Great Portland Estates rents out three floors of major Whitechapel development
The Hickman is a seven-storey building that has undergone an extensive refurbishment
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.
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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?