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Great Portland Estates plc R.E.I.T.
(LSE:GPE)
Great Portland Estates plc R.E.I.T. (GPE) vs. iShares MSCI United Kingdom ETF (EWC)
Great Portland Estates plc R.E.I.T. Business Overview & Revenue Model
Great Portland Estates plc R.E.I.T. Earnings Call Summary
Great Portland Estates plc R.E.I.T. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2024 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 101.50M | 95.40M | 94.20M | 91.20M | 84.20M | 88.50M |
| Gross Profit | 66.40M | 62.10M | 59.10M | 57.20M | 52.10M | 62.10M |
| EBITDA | 27.70M | -288.50M | 132.20M | 31.30M | 16.20M | 39.60M |
| Net Income | 116.00M | -307.80M | 116.00M | -163.90M | 167.20M | -201.90M |
Balance Sheet | ||||||
| Total Assets | 3.03B | 2.48B | 3.03B | 2.51B | 2.78B | 2.56B |
| Cash, Cash Equivalents and Short-Term Investments | 18.20M | 22.90M | 18.20M | 19.40M | 16.70M | 11.10M |
| Total Debt | 935.00M | 815.50M | 935.00M | 527.20M | 589.70M | 533.20M |
| Total Liabilities | 1.03B | 895.00M | 1.03B | 588.20M | 662.40M | 588.30M |
| Stockholders Equity | 2.00B | 1.58B | 2.00B | 1.92B | 2.11B | 1.97B |
Cash Flow | ||||||
| Free Cash Flow | -4.60M | -7.70M | -4.60M | 5.60M | 15.90M | 24.50M |
| Operating Cash Flow | -4.00M | -7.60M | -4.00M | 5.80M | 16.20M | 24.90M |
| Investing Cash Flow | -384.60M | -231.70M | -384.60M | 105.10M | -31.40M | -118.30M |
| Financing Cash Flow | 402.60M | 242.80M | 402.60M | -108.20M | 6.30M | 9.60M |
Great Portland Estates plc R.E.I.T. Technical Analysis
Great Portland Estates plc R.E.I.T. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | £2.48B | 13.13 | 7.01% | 7.29% | 0.96% | ― | |
73 Outperform | £3.87B | 11.01 | 6.14% | 5.53% | -20.83% | ― | |
71 Outperform | £4.54B | 18.27 | 3.85% | 6.27% | 10.69% | 135.58% | |
70 Neutral | £1.97B | 8.29 | 6.80% | 3.97% | 2.30% | ― | |
67 Neutral | £2.78B | 8.46 | 8.66% | 2.60% | -0.04% | 655.16% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
62 Neutral | £1.37B | 11.24 | 7.31% | 2.49% | 12.73% | ― |
Great Portland Estates plc R.E.I.T. Corporate Events
Great Portland Estates plc reported strong operational performance for the six months ending September 2025, with significant leasing activity and increased property values in its central London portfolio. The company achieved a 29% increase in rent roll and a 76% customer retention rate, reflecting the demand for its premium spaces. The development and refurbishment program is attracting interest, with over £10 million under offer at a premium to estimated rental value (ERV). The company expects continued growth, projecting a 10%+ annualized return on equity and a three-fold increase in EPRA EPS over the medium term. Additionally, Great Portland Estates made significant capital transactions, including sales and acquisitions, and maintained strong liquidity with a new £525 million revolving credit facility.
The most recent analyst rating on (GB:GPE) stock is a Hold with a £297.00 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.
Great Portland Estates plc has received planning permission from Camden Council for the refurbishment of Whittington House in the West End, London. This project will transform the building into a modern HQ workspace featuring sustainable offices and a new rooftop terrace, enhancing GPE’s portfolio and reinforcing its commitment to delivering exceptional office spaces in prime locations.
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.
Great Portland Estates plc has released its Sustainable Bond Allocation and Impact Report, detailing the allocation of proceeds from its £250 million Sustainable Bond issued in September 2024. The funds have been directed towards eligible green and social projects, reinforcing the company’s commitment to sustainability and its strategic goal of becoming net zero by 2040. This initiative highlights GPE’s dedication to integrating sustainability into its business model, potentially enhancing its market position and stakeholder confidence.
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.
Great Portland Estates plc announced the acquisition of ordinary shares by its Executive Directors through the company’s 2010 Share Incentive Plan (SIP). Under the SIP, employees can purchase ‘Partnership Shares’ with their salary, and the company matches this by awarding two ‘Matching Shares’ for each ‘Partnership Share’ acquired. This initiative reflects the company’s commitment to aligning the interests of its executives with those of shareholders, potentially enhancing stakeholder value and reinforcing its market position.
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.
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.
Great Portland Estates plc has secured a new £525 million ESG-linked revolving credit facility with four existing banks, replacing a previous £450 million facility. This move, which includes extending an existing £150 million facility, enhances the company’s financial flexibility and supports its strategy to invest in development and refurbishment projects, thereby strengthening its market position.
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.
Great Portland Estates plc has secured planning permission from Southwark Council for the redevelopment of St Thomas Yard, SE1. The project, designed by Orms, involves a retrofit-first approach to transform the existing 1980s structure into an 11-storey office building, significantly increasing the net area while reducing carbon emissions. This development reflects GPE’s confidence in the London office market and commitment to sustainability, with construction expected to start in summer 2026 and complete by late 2028.
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.
Great Portland Estates plc reported strong leasing performance in the second quarter of 2025, securing £37.6 million in new deals, surpassing last year’s total leasing volume. Despite macroeconomic challenges, GPE is well-positioned with high demand for its premium spaces, particularly in central London, and is expanding its portfolio with new acquisitions and refurbishments. The company’s strategic focus on sustainable, high-quality spaces and its experienced team are expected to drive further growth in value and income.
The most recent analyst rating on (GB:GPE) stock is a Hold with a £330.00 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.
Great Portland Estates plc announced the conclusion of a whistleblower investigation, which found no evidence of unlawful conduct. The inquiry, led by an independent law firm and supported by a forensic accounting firm, confirmed that historical bonuses were correctly calculated and highlighted the company’s positive workplace culture. The investigation also identified areas for improvement, which the management is addressing with board oversight, reinforcing GPE’s commitment to fostering an inclusive and positive work environment.
The most recent analyst rating on (GB:GPE) stock is a Hold with a £330.00 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.
Great Portland Estates plc announced the acquisition of shares by its executive directors under the company’s 2010 Share Incentive Plan (SIP). The plan allows employees to purchase ‘Partnership Shares’ from their salary, which the company matches with ‘Matching Shares’ at no additional cost. This initiative reflects the company’s commitment to employee investment and aligns the interests of its executives with those of shareholders, potentially impacting the company’s market positioning by fostering a strong internal ownership culture.
The most recent analyst rating on (GB:GPE) stock is a Hold with a £330.00 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.
Great Portland Estates plc has received planning permission from Westminster Council for the refurbishment of properties at 15 Gresse Street and 12/13 Rathbone Place in Fitzrovia. The project, designed by dMFK Architects, will transform the buildings into 43,000 sq ft of premium Fully Managed workspace, with construction set to begin in early 2026 and completion targeted for early 2027. This development is part of GPE’s strategy to enhance its Fully Managed portfolio, providing modern, stylish workspaces while respecting the historical significance of the site.
The most recent analyst rating on (GB:GPE) stock is a Hold with a £330.00 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.
Great Portland Estates plc announced the departure of Nick Sanderson, its Chief Financial & Operating Officer, who will join Savills plc as CFO. The board has initiated a search for his successor, and Sanderson will remain in his role to ensure a smooth transition. His contributions over fourteen years, including financial discipline and operational growth, were acknowledged by the CEO and Chair, highlighting his impact on GPE’s growth and strategic focus.
The most recent analyst rating on (GB:GPE) stock is a Buy with a £360.00 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.
Moody’s has reaffirmed Great Portland Estates plc’s Baa2 long-term issuer rating with a stable outlook, highlighting the company’s strong balance sheet and strategic market positioning. This confirmation underscores GPE’s ability to generate value and adapt to market demands, with a significant development pipeline poised to drive income and value growth in the coming years.
The most recent analyst rating on (GB:GPE) stock is a Buy with a £360.00 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.
Great Portland Estates plc (GPE) has expanded its AI customer base, with AI-related businesses now representing 18.5% of its Fully Managed office portfolio. The latest addition, Vanta, a compliance automation platform, highlights GPE’s strategic focus on attracting AI companies, capitalizing on London’s status as a global hub for AI innovation. Despite potential reductions in global office space demand due to AI, GPE believes that premium workspaces in key cities like London will continue to attract top-tier AI talent and businesses.
The most recent analyst rating on (GB:GPE) stock is a Sell with a £2.90 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.
Great Portland Estates plc announced the acquisition of shares by its executive directors under the company’s 2010 Share Incentive Plan (SIP). The plan allows employees to purchase Partnership Shares from their salary, with the company matching each share with two additional Matching Shares at no cost. This initiative reflects the company’s commitment to employee investment and engagement, potentially enhancing stakeholder confidence in its governance and operational strategies.
The most recent analyst rating on (GB:GPE) stock is a Buy with a £3.90 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.
Great Portland Estates plc has acquired The Gable, WC1, for £18.0 million, expanding its Fully Managed West End cluster. The building will undergo substantial refurbishment to enhance its workspace offerings, aiming to increase its development yield and operational efficiency. This acquisition aligns with GPE’s strategy to expand its Fully Managed portfolio to over 1 million sq ft by 2030, reflecting confidence in meeting customer demand for premium workspaces.
The most recent analyst rating on (GB:GPE) stock is a Hold with a £343.00 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.
Great Portland Estates plc has secured three new Fully Managed leasing deals, totaling 11,720 sq ft of premium office space, generating £2.5 million in annual rent. The company’s leasing activity has accelerated, with eight deals completed in the second quarter and eight more under offer, reinforcing confidence in their premium offerings and potential for income and value growth.
The most recent analyst rating on (GB:GPE) stock is a Hold with a £375.00 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.