The latest announcement is out from Great Portland Estates plc R.E.I.T. ( (GB:GPE) ).
Great Portland Estates plc announced the successful leasing of approximately 10,800 sq ft of Fully Managed office space at the newly refurbished 31 Alfred Place, WC1, with an additional 3,400 sq ft under offer. The deals were concluded faster than anticipated and at rates exceeding expected rental values. Four new tenants, including Smartly, BBL/P, Casual Films, and a multinational retailer, are set to occupy the space, reflecting strong demand for GPE’s premium workspaces. This achievement highlights GPE’s strategic positioning in the market, reinforcing their reputation for delivering sought-after office environments in central London.
More about Great Portland Estates plc R.E.I.T.
Great Portland Estates plc (GPE) is a real estate investment trust specializing in the management and development of property in London’s central areas. They focus on providing premium office spaces through their Fully Managed portfolio, catering to businesses seeking high-quality work environments.
YTD Price Performance: -1.91%
Average Trading Volume: 933,925
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.14B
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