(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
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
Great Portland Estates PLC - London-based property company - Exchanges contracts to sell Challenger House, also known as Corner Hotel, in Whitechapel, east London, along with adjoining land, for GBP42.0 million to Yoomata Aldgate Property Ltd, a joint venture between Paris-based real estate firms Euragone Investment Management and Mata Capital. Sale price is marginally ahead of book value, Great Portland Estates says. Challenger House was originally acquired alongside the Hickman office building in 2017 for GBP49.6 million. GPE says sale proceeds will be reinvested into its development pipeline. 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 Wednesday swung back into profit in its most recent financial year, boosted by rental growth, despite an often "extreme and unpredictable" backdrop. Read More