Added to YB: 2026-04-07
Pitch date: 2026-04-04
GPE.L [neutral]
Great Portland Estates Plc
+6.64%
current return
Author Info
No bio for this author
Company Info
Great Portland Estates Plc is a FTSE 250 property investment and development company, owning a 2.4 billion pounds portfolio of London real estate.
Market Cap
GBP 1.2B
Pitch Price
GBP 2.89
Price Target
N/A
Dividend
2.65%
EV/EBITDA
66.71
P/E
8.33
EV/Sales
19.90
Sector
Office REITs
Category
growth
Stocks Update 3/4/2026: GPE – JV disposal
GPE.L (update): JV sold 103/113 Regent St for £52M (7.2% NIY, £912psf), marginally below Mar'25 book value. Total disposals past 12mo: £490M, +2% vs book. Sale delivers 10.9% whole-life ungeared IRR since Dec'09. Highlights capital recycling model. Trades 31.6x fwd P/E but multiple should derate as dev pipeline completes & rev flows in.
Read full article (1 min)