USX:GPEAF - Great Portland Estates PLC Great Portland Estates Plc
Sector: Real Estate, Industry: Office REITs
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USD 5.144    +0.0 (+0%)

30 Apr 2024


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General

CEO: Mr. Toby Courtauld M.A., MA, MRICS

Headquarters: US

Employees: 139

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Description

Great Portland Estates PLC, or GPE, is a real estate investment trust involved in the ownership and development of commercial property in central London. GPE invests in and redevelops London real estate. The company generates revenue from these assets through long-term lease agreements. Income is also derived from the management of other development projects. The majority of the company's real estate portfolio is comprised of office space, while retail locations also make up a significant percentage. Almost half of GPE's properties are located in the North of Oxford Street area. London's West End is home to a substantial share as well. GPE's tenants are primarily divided between retail & leisure shops; technology, media, & telecom companies; and professional & business services firms.

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