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

Editors Pick
Apple Inc. said Tuesday after the markets closed that its third quarter profit rose 12% from last year, as sales surged and margins improved amid strong sales of its iPhones and Mac computers. The company's quarterly earnings per share also came in above analysts' expectations, but its quarterly sales fell short of analysts' forecast. United Nations Secretary-General Ban Ki-moon on Tuesday urged both Israelis and Palestinians to stop the fighting that has been raging for the past two weeks in the Gaza Strip, and pleaded with the two sides to return to dialogue with the aim of addressing the underlying causes of the repeated cycles... After moving notably higher in early trading on Tuesday, stocks continued to perform well throughout the session. The gains on the day offset the modest weakness that was seen in the previous session, extending the recent back-and-forth movement by the markets.
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.