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Thu, 21st May 2020 13:24
(ShareCast News) - Great Portland Estates has exchanged contracts to sell 60 Great Portland Street for £102.2m, in line with the September 2015 valuation. The property will be sold to the Cityhold Office Partnership, a joint venture between the TIAA-CREF General Account and Swedish national pension
Read more(ShareCast News) - Great Portland Estates has arranged a new £90m five year non-recourse loan for The Great Ropemaker Partnership. The 50:50 partnership between the FTSE 250 company and BP Pension Fund's property holding company Ropemaker Properties has been operating since 2008 to own and develop a
Read more(ShareCast News) - Deutsche Bank has upgraded Land Securities from 'hold' to 'buy' and downgraded British Land Company from 'buy' to 'hold' as it re-evaluates the UK real estate sector. The investment bank said in its industry update on Monday that the sector is close to high cycle conditions. "We
Read more(ShareCast News) - The great divide in property values is still growing between London and the rest of the UK - and that's all the more reason to hold on to shares in Great Portland Estates, said The Telegraph on Thursday. Rents at the investment trust were pushed up 6.5% in the six months to 30 Sep
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