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Great Portland Estates plc R.E.I.T. ( (GB:GPE) ) has shared an announcement.
Great Portland Estates plc has completed the sale of its property at 1 Newman Street, W1, to Royal London Asset Management Property for £250 million. This transaction, slightly above the March 2025 book value, represents a net initial yield of 4.48%. The sale of this BREEAM excellent, Grade A office and retail building, which generates an annual rent of approximately £11.9 million, allows GPE to reinvest in its development pipeline, enhancing its strategic positioning in the competitive London real estate market.
The most recent analyst rating on (GB:GPE) stock is a Hold with a £349.00 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.
The overall stock score of 62 reflects a balance between mixed financial performance and positive technical indicators. The company’s financial health is hindered by income volatility and cash flow issues, while technical analysis suggests bullish momentum. The valuation indicates potential undervaluation, supported by a reasonable P/E ratio and dividend yield.
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 (GPE) is a real estate investment trust (REIT) focused on the development and management of commercial properties, primarily in central London. The company specializes in creating high-quality office and retail spaces, with an emphasis on sustainable and innovative design.
Average Trading Volume: 841,760
Technical Sentiment Signal: Buy
Current Market Cap: £1.4B
For detailed information about GPE stock, go to TipRanks’ Stock Analysis page.