Great Portland secures approval for West End office development
10th Nov 2025 09:51
(Alliance News) - Great Portland Estates PLC on Monday said it has secured planning permission to refurbish one of its West End assets. Read More
(Alliance News) - Great Portland Estates PLC on Monday said it has secured planning permission to refurbish one of its West End assets. Read More
Great Portland Estates PLC - London-based office building developer and landlord - Completes sale of 1 Newman Street, W1, to Royal London Asset Management Property for a headline price of GBP250 million. This reflects a net initial yield of 4.48%, marginally ahead of the March 2025 book value. Hugh Morgan, director of Portfolio Management at Great Portland Estates, says: "The sale of 1 Newman Street marks the culmination of an exceptional journey for this redevelopment project. We've delivered a best-in-class office and retail building in the heart of the West End, and this transaction crystallises our returns while enabling us to reinvest the proceeds, including into the next phase of our exciting development pipeline." Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Great Portland Estates PLC - London-based office building developer and landlord - Wins planning permission from Southwark Council for its St Thomas Yard office development in south east London, near London Bridge Station. On the site, previously know as New City Court, Great Portland Estates plans to add 5 storeys to an existing structure from the 1980's to create an 11-story office building. The work will increase the building's total net area to 190,00 square feet from 100,000. Read More
(Alliance News) - Great Portland Estates PLC on Tuesday said it beat leasing targets during the first half of the year and a probe of whistleblower allegations found no unlawful conduct. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Savills PLC - London-based real estate services provider - Appoints Great Portland Estates PLC's current Chief Financial & Operating Officer Nick Sanderson as its finance chief, expecting him to join in Spring next year. Great Portland Estates is a London-based office space landlord. Sanderson succeeds Simon Shaw as CFO, Savills says, who is set to become chief executive on January 1 when CEO Mark Ridley retires. Great Portland Estates notes that Sanderson will remain in his role to enable an orderly transition, while the search for his replacement progresses. Great Portland Estates adds that a further update on Sanderson's departure date will be made in due course. Read More
Great Portland Estates PLC - London-based office space landlord - Reports that Moody's Ratings has confirmed its Baa2 long-term issuer rating and stable outlook are unchanged. Says this reflects its resilient business strategy, strong balance sheet and market positioning. Adds that Moody's highlighted key credit strengths, such as its high quality office portfolio, a strong track record of value generation, significant financial flexibility as well as the maintenance of one of the lowest leverage metrics in the sector. Adds that it reports its interim numbers on November 18. Read More
Great Portland Estates PLC - London-based office space landlord - Secures fully-managed letting with compliance automation and trust management platform, Vanta, for 7,500 square foot at Kent House, London. Says the deal makes Vanta its 10th AI-led customer, with AI-related customers representing 7.1% of its total office portfolio, or 18.5% of its full-managed offices. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - Great Portland Estates PLC on Monday announced the acquisition of a new long leasehold interest in The Gable. Read More
(Alliance News) - Great Portland Estates PLC on Monday said it has agreed three new fully managed licensing deals, totalling GBP2.5 million in annual rent. Read More
Great Portland Estates PLC - London-based office space landlord - Completes 141 Wardour Street in London. The fully managed office building has about two thirds of its refurbished office space let or under offer, Great Portland Estates says, while the retail unit in the building, pre-let to clothing retailer Represent, has now opened. The building will generate GBP4.4 million in annual rent at an average of GBP277 per square foot, which is 14% ahead of estimated rental value. Total Flex leasing across the Great Portland Estates portfolio now will total GBP13.0 million in annual rent. The company's next fully managed London building, 170 Piccadilly, launches in September. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - Great Portland Estates PLC on Thursday backed full-year rental growth guidance, reflecting continued strong leasing momentum and demand for property in a market "starved of supply". Read More
(Alliance News) - Great Portland Estates PLC on Thursday said it has let the 16,830 square feet first floor of the wells&more office in Fitzrovia, central London. Read More