(Alliance News) - Great Portland Estates PLC on Thursday said that fashion retailer Reserved has leased space for a new flagship store on Oxford Street in London. Read More
(Alliance News) - Great Portland Estates PLC on Thursday reported it swung to loss in the six months that ended September 30 as rising expenses more than offset revenue growth. Read More
(Alliance News) - Great Portland Estates PLC on Wednesday said it had pre-let all of the office space at its 2 Aldermanbury Square development to international law firm Clifford Chance LLP. Read More
Great Portland Estates PLC - London-based property developer and investor - Confirms that it is in "advanced negotiations" with Clifford Chance LLP regarding a potential significant pre-letting in London, located at 2 Aldermanbury Square, EC2. "There is no certainty of agreement at this stage nor as to the terms of any agreement," it adds. Read More
Great Portland Estates PLC - London-based property developer and investor - Sells 50 Finsbury Square, EC2 to a subsidiary of private German family office Wirtgen Invest Holding GmbH, for GBP190.0 million. Says the price reflects a topped up net initial yield of 3.9% and capital value of GBP1,471 per square feet. 50 Finsbury Square is undergoing a refurbishment with completion scheduled for the fourth quarter this year, the firm adds. Read More
(Alliance News) - Co-op on Wednesday said it has agreed to sell its petrol forecourt business to food retailing peer Asda for an enterprise value of GBP600 million. Read More
(Alliance News) - The FTSE 100 was able to move into the green on Tuesday, with some late buying overcoming weak commodity stocks, while the euro dipped, briefly, below parity with the US dollar. Read More
(Alliance News) - Stock prices in London were lower at midday on Tuesday on fears that central bank moves to fight inflation will spark a recession, while the euro hit parity against the dollar for the first time in almost 20 years. Read More
(Alliance News) - Stock prices in London opened lower on Tuesday, with property companies at the foot of the FTSE 100 following a downbeat broker note on the sector, while Plus500 rose after hailing its first-half performance. Read More
(Alliance News) - Rishi Sunak is set on Tuesday to launch his bid to become UK prime minister with a pledge to cut taxes – but only once inflation has been brought back under control. Read More