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Great Portland Estates Enhances Note Security with New Guarantors

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Great Portland Estates Enhances Note Security with New Guarantors

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Great Portland Estates plc R.E.I.T. ( (GB:GPE) ) has shared an announcement.

Great Portland Estates plc has announced the accession of GPE St Andrew Street Limited, GPE (Whittington House) Limited, and GPE (135-141 Wardour St) Limited as additional guarantors for its £250 million 5.375% Guaranteed Sustainable Notes due in 2031. This strategic move, effective from June 19, 2025, involves the signing of a supplemental trust deed and a deed of accession, enhancing the security and backing of the notes, which may positively impact the company’s financial stability and investor confidence.

The most recent analyst rating on (GB:GPE) stock is a Hold with a £3.75 price target. To see the full list of analyst forecasts on Great Portland Estates plc R.E.I.T. stock, see the GB:GPE Stock Forecast page.

Spark’s Take on GB:GPE Stock

According to Spark, TipRanks’ AI Analyst, GB:GPE is a Neutral.

Great Portland Estates plc exhibits robust operational momentum and positive corporate events, contributing to a moderate outlook. Key challenges lie in profitability and cash flow issues, impacting its valuation. Technical indicators suggest short-term bullishness, but long-term sustainability depends on addressing profitability.

To see Spark’s full report on GB:GPE stock, click here.

More about Great Portland Estates plc R.E.I.T.

Great Portland Estates plc is a real estate investment trust (REIT) that focuses on property development and investment, primarily in the central London area. The company is involved in managing and developing a diverse portfolio of commercial properties, including office spaces and retail units, catering to a wide range of tenants and investors.

Average Trading Volume: 1,317,860

Technical Sentiment Signal: Hold

Current Market Cap: £1.43B

For an in-depth examination of GPE stock, go to TipRanks’ Overview page.

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