Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Great Portland Estates Like-for-Like Valuation Rises - Quick Facts

Great Portland Estates plc (GPOR.L) announced Thursday a 10.6 percent year-over-year growth in property valuation, on a like-for-like basis, at December 31, 2011. Total portfolio valuation, including acquisitions, went up 10.1 percent. The West End Total section saw a 9.0 percent uptick, while City & Southwark registered a 6.8 percent rise.

Additionally, the company said net asset value, or NAV, on an EPRA basis, as on December 31, 2011, was 2.1 percent higher at 1.19 billion pounds, or 386 pence per share, from the NAV of September 30, 2011, which was 1.17 billion pounds, or 378 pence per share. Triple net asset value, or NNNAV, was 1.18 billion pounds, or 382 pence per share, compared to 1.16 billion pounds, or 375 pence per share.

Click here to receive FREE breaking news email alerts for Great Portland Estates PLC and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Stocks moved sharply higher over the course of the trading day on Tuesday, extending the recovery from the sell-off seen in recent weeks. The Nasdaq and the S&P 500 closed higher for the fourth consecutive session but remain well off their mid-September highs. Despite indications that the spread of Ebola inside the U.S. has been contained, the results of a new Gallup poll show the deadly disease had made its debut on a list of the top 10 most important problems facing the country. In another hotly contested Senate race, the results of a new Suffolk University/Boston Herald poll show incumbent Sen. Jeanne Shaheen, D-N.H., clinging to a narrow lead over Republican challenger Scott Brown.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.