长沙U币支付安全|【唯一TG:@heimifeng8】|盗U程序流量清洗方案✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨GPE remains positive in "strong" quarterly trading update
Nigel TAYLOR Published
July 6,长沙U币支付安全 2025
London landlord GPE, which used to be known as Great Portland Estates, delivered a “strong operating performance” in its latest trading update for the quarter to 30 June.
This comes despite increasing pressure on property values in a “challenging macro-economic backdrop that is placing upward pressure on yields”, it noted.
The London-focused property giant with a vast portfolio of retail space across the West End, signalled it had signed 22 new retail leases and renewals in the three-month period, generating annual rent of £6.4 million.
Market lettings on average were up 16.9% on March estimated rental value, which the firm said "reaffirmed" its confidence in rental guidance of 0-5% growth for the current financial year.
GPE also made two major property acquisitions in the capital during the quarter including 141 Wardour Street in Soho with mixed office/retail space for £39 million.
Toby Courtauld, chief executive, said: "While our low levels of vacancy means we have limited space, we had another active quarter. We are also encouraged by the further £5.3 million of rent that we currently have under offer, some 13% ahead [expectations]."
He added: “Our focus on the best spaces is well suited to meet a market demand that is increasingly discerning. With our strong balance sheet and plentiful liquidity, we are confident that we have the team and the track record to capitalise on opportunities that are emerging, particularly if the economic uncertainty persists."