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Great Portland Estates plc

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Great Portland is recovering after plunging into the red

11.11.09
London landlord Great Portland Estates today reported the first rise in property values since the start of the crash as the market in the capital turned the corner ... more

Calzedonia £22.9m Oxford Circus store deal

02.09.09
Italian fashion company Calzedonia today bought its flagship UK Tezenis store at Oxford Circus for £22.9 million — a 12.5% premium on its value at the end of March in a sign the London property market is turning ... more

Rats! KPMG grabs account from PwC

11.08.09
It's war. KPMG has just nabbed Rentokil’s lucrative contract for internal auditing from arch rival PricewaterhouseCoopers — by offering a 30% discount to the PwC price... more

‘Small’ fall in property values raises GPE’s hopes

23.07.09
London landlord Great Portland Estates (GPE) today reported the smallest fall in commercial property values for a year — adding to hopes the worst of the slump has passed ... more

JPMorgan likes the look of property

16.06.09
US investment bank JPMorgan expects some clear winners to emerge from the commercial property market during the coming months, and has raised share price targets by an average of 5% for the first time in two years... more

How the West End can be an oasis for its shoppers

12.06.09
The Westminster Property Association is not known for its largesse. That is perhaps why Boris Johnson's eyebrows disappeared under his fringe on Tuesday when he was offered cash to spruce up the West End by a group whose members have given a less-than-generous response to his demand to pay a £20-per-square-foot development levy for Crossrail.... more

Great Portland stumping up £18m to escape costly hedge

27.05.09
London landlord Great Portland Estates became the first major property company to pay its way out of an expensive bet on interest rates ... more

Vultures have the funds - now for the feeding frenzy

22.05.09
There will soon be more vultures in the sky than turkeys on the ground if this week's spate of pledges to buy distressed property is anything to go by ... more

Great Portland hunts for bargain property

19.05.09
London landlord Great Portland Estates (GPE) tapped shareholders for £175 million to fund a spending spree in the capital ... more

Carphone's Ross lobs £250,000 at Big Yellow

18.05.09
Carphone Warehouse co-founder David Ross ploughed £250,000 into Big Yellow, the self-storage firm where he quit as a director last year, as the City prepared for a fresh wave of fundraisings ... more

Fancy a shares spree? you may have missed the boat

20.03.09
Imagine, if you will, for one delicious moment, you have £9.6 billion in the bank. Then imagine on Monday you buy the entire share capital of seven big property companies in a daring dawn raid... more

HSBC hits out at property giants after rights flood

19.03.09
HSBC has cast its expert eye over the real estate investment trust sector following a plethora of heavily discounted rights issues, running into billions of pounds, which have been launched recently to shore-up weakened balance sheets.... more

Bears howling as insurers are lifted by Pru's strength

19.03.09
Stock-market bears, who have been selling the life assurers aggressively short in recent weeks, claiming they would be the next casualties of the banking crisis, were feeling the pain today as their shares soared.... more

Gallows humour — now everyone wants a bailout

17.11.08
After the bailout of the banks and pressure on Barack Obama to save General Motors, everyone wants a helping hand from the state... more

Landlord GPE hit as tenants desert market

13.11.08
London landlord Great Portland Estates says demand for its shops and offices has fallen 66% since May as would-be tenants desert the market... more

Curb bus congestion in West End, plead bosses

20.10.08
Business leaders in the West End are demanding a swift end to rising congestion caused by buses... more

Hester decides to bank on a property rally

20.10.08
Stephen Hester, the boss of British Land and the soon-to-be chief executive of Royal Bank of Scotland, has called the bottom of the property market, claiming it will be “some time next year”... more

Property

08.10.08
The super-rich still love London, keeping prices at the top end high. Across the city there remains a shortage of homes but building is slowing in the crunch. ... more

Great Portland sees portfolio value slide

22.07.08
London landlord Great Portland Estates said the value of its property portfolio fell 4% in just three months and warned it could not rule out a recession... more

West End's resilience shields Great Portland from the pain

21.05.08
London landlord Great Portland Estates underlines the gap between the West End and City property markets as it brushes off the worst of the slump... more

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