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Great Portland Estates PLC on Wednesday reinforced its positive outlook, following a strong leasing quarter. Great Portland Estates is a commercial property company based in London. The company said it secured £9 million in new leasing deals in the quarter ended December 31, 16% ahead of the valuer’s estimated rental value. In total, 43 new leases and renewals have been signed during the financial year to date, bringing total leasing to £19.5 million, 11.5% ahead of ERV. Of this, Great Portland Estates receives £13.5 million. Great Portland Estates celebrated significant leases with beer, cider and pub company, Heineken UK, and media company, Independent Television News Limited, during the period. Looking ahead, Chief Executive Toby Courtauld said: ‘Whilst current macro-economic conditions are volatile, Great Portland Estates’ outlook remains positive.’ Great Portland shares were down 0.4% at 274.05 pence each in London on Wednesday morning. Copyright 2025 Alliance News Ltd. All Rights reserved.
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