Great Portland Estates Notified of BlackRock’s Increased Holdings

Story Highlights
  • Great Portland Estates plc is a UK-based REIT focusing on commercial real estate in Central London.
  • BlackRock, Inc. increased its voting rights in Great Portland Estates to 16.28%, indicating heightened influence.
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Great Portland Estates Notified of BlackRock’s Increased Holdings

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

Great Portland Estates plc announced on February 17, 2025, that it received a Notification of Major Holdings from BlackRock, Inc., indicating a change in voting rights due to an acquisition or disposal. As of February 14, 2025, BlackRock’s total voting rights in the company increased slightly to 16.28%, comprising direct and indirect holdings. This notification is significant as it reflects BlackRock’s continued interest and influence in Great Portland Estates, potentially impacting company decisions and stakeholder considerations.

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

Great Portland Estates plc is a UK-based Real Estate Investment Trust (REIT) focused on property investment and development, primarily within the commercial real estate sector in Central London. The company specializes in managing a diverse portfolio of office, retail, and residential properties, catering to a wide range of businesses and tenants.

YTD Price Performance: 1.74%

Average Trading Volume: 856,371

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.19B

See more insights into GPE stock on TipRanks’ Stock Analysis page.

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