You are here

Prices & Quotes - UK Markets - Great Portland Estates (GPOR)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Down 706.50p
Change Today:
-3.00p
Market Cap:
1,793.58m
Sector:
Real Estate Investment Trusts

Great Portland collects 82% of quarterly rents

By Iain Gilbert

Date: Wednesday 14 Apr 2021

LONDON (ShareCast) - (Sharecast News) - Real estate investment trust Great Portland Estates said on Wednesday that March quarter rent collection had come in ahead of the four previous quarters at 82%, including amounts covered by rent deposits.
Great Portland also stated it had now collected 84% of rent for the year ended 31 March, including drawn deposits, and said it was also holding 17.2m of rent deposits/bank guarantees, of which 1.7m was anticipated to be utilised against outstanding March rent.

The FTSE 250-listed firm also pointed to some "encouraging leasing momentum", with the group completing ten new lettings throughout the quarter, and "good progress" across its development programme, with one development started and two planning applications submitted.

Chief executive Toby Courtauld said: "The most recent Covid-19 lockdown has disrupted the activities of many businesses across London, resulting in a number of occupiers still being unable to meet their rental commitments. However, the ongoing vaccination programme and Government roadmap to easing lockdown restrictions is supporting renewed optimism, which we are seeing reflected in improved rent collection, greater letting activity and increased enquiry levels on available space.

"Our leverage is low, providing significant capacity for growth; our extensive development pipeline is set to deliver high quality, sustainable spaces that remain in high demand; across of our investment portfolio, we are delivering flexible, tech-enabled spaces that support the productivity and wellbeing of our customers; this, combined with the talents of our experienced team and strong culture, means that we have an exciting opportunity to deliver on all our ambitions."

As of 0905 BST, Great Portland shares were up 0.084% at 692.08p.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

GPOR Market Data

Currency UK Pounds
Price 706.50p
Change Today -3.00p
52 Week High 737.50p
52 Week Low 543.00p
Volume 180,423
Shares Issued 253.87m
Market Cap 1,793.58m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Trend
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
Income
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Growth
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
Price Chg 6m
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
P/E
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
PEG
market
  1. empty market
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Dividend Yield
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
EPS Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
Operating Margin
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector

What The Brokers Say

Strong Buy 6
Buy 0
Neutral 7
Sell 1
Strong Sell 3
Total 17
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

GPOR Dividends

  Latest Previous
  Interim Final
Ex-Div 19-Nov-20 28-May-20
Paid 05-Jan-21 28-Jul-20
Amount 4.70p 7.90p

Trades for 13-May-2021

Time Volume / Share Price
16:35 87,933 @ 706.50p
16:29 28 @ 707.50p
16:29 39 @ 706.50p
16:29 121 @ 707.00p
16:28 67 @ 707.00p

GPOR Key Personnel

CEO Toby Courtauld
Finance Director Nick Sanderson