18th May 2009 07:00
RNS Number : 3846S
Great Portland Estates PLC
18 May 2009
Great Portland Estates plc
Response to press speculation
The Board of Great Portland Estates plc notes recent press speculation regarding a potential equity issue.
Great Portland Estates is considering a range of options to provide additional resources to take advantage of opportunities arising from depressed values in the central London property market. Great Portland Estates currently has a comfortable debt position and a well let portfolio of central London properties with attractively low average office rents.
The final results for the year to 31 March 2009 will be released on 19 May 2009.
This information is provided by RNS
The company news service from the London Stock Exchange
Related Shares:
GPOR.L