Edition:
India

Great Portland Estates Plans For Ongoing Brexit Uncertainty


Thursday, 15 Nov 2018 

Nov 15 (Reuters) - Great Portland Estates PLC ::STRONG OPERATIONAL PERFORMANCE IN H1 DRIVEN BY LEASING SUCCESSES WITH CONTINUED CAPITAL DISCIPLINE.VALUATION UP 0.6%, DRIVEN BY RENTAL VALUE GROWTH; UPGRADING RENTAL VALUE GUIDANCE.AFTER REVALUATION SURPLUS, IFRS PROFIT AFTER TAX OF £33.7 MILLION (2017: £25.3 MILLION).FURTHER LEASING SUCCESSES, MARKET LETTINGS 4.8% AHEAD OF MARCH 2018 ERV.WHILST WE EXPECT, AND ARE PLANNING FOR, CONTINUED POLITICAL AND ECONOMIC UNCERTAINTY, PARTICULARLY GIVEN ONGOING BREXIT NEGOTIATIONS, GPE REMAINS EXCEPTIONALLY WELL POSITIONED. 

Company Quote

688.4
5.2 +0.76%
23 Aug 2019