logo
Share SHARE
FONT-SIZE Plus   Neg

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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Google has rejected the European Union's charges that it abused its market power and the demanded that it change the way it ranks online comparison shopping services in its search results, setting up a potentially long legal battle with the EU regulator empowered to levy billions of euros in fines Bimbo Bakeries is recalling packages of certain bread products across 11 states, after it received three consumer-reports of small pieces of glass found on the outside of the bread. Design software maker Autodesk, Inc. said Thursday after the markets closed that it swung to a second quarter loss, hurt by lower revenue and a hefty tax charge. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations, but its quarterly revenue fell short of analysts' forecast.
comments powered by Disqus
Follow RTT