The Great Ropemaker Partnership, a 50:50 Joint Venture between Great Portland Estates plc (GPOR.L) and The BP Pension Fund, has acquired 148 Old Street, EC1 from The BP Pension Fund for 30.0 million pounds. 148 Old Street is a 97,807 sq. ft., office building arranged over lower ground, ground and six upper floors. It is held freehold and is let to Royal Mail Group Limited at a rent of 2.17 million pounds per annum until 2020, with a rent review and tenant break option in May 2015.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.