Great Portland Estates (GPE)

Sector:

Property Investment Trusts

Index:

FTSE 250

292.50p
   
  • Change Today:
    -3.00p
  • 52 Week High: 371.50
  • 52 Week Low: 288.00
  • Currency: UK Pounds
  • Shares Issued: 406.19m
  • Volume: 468,504
  • Market Cap: £1,188.10m
  • RiskGrade: 82
  • Beta: 0.96

Gaggenau lets Marylebone flagship store from Great Portland Estates

By Benjamin Chiou

Date: Tuesday 01 Oct 2024

LONDON (ShareCast) - (Sharecast News) - London-focused property group Great Portland Estates has let nearly 7,000 square feet of retail space at Orchard Court in Marylebone to luxury home appliances brand Gaggenau.
Gaggenau, has taken 6,900 sq ft of retail space on a 10-year lease, doubling its footprint from its current location, to create a new flagship store for the brand at 6/7 Portman Square, just behind Selfridges in Central London.

Extensive refurbishment works will start in the coming months, with the property set to be the anchor of Great Portland Estates' newly marketed 'Portman and Wigmore' development, which includes 1/9 Portman Square and 132/142 Wigmore Street, W1.

"We are delighted that Gaggenau will be opening its new flagship at Portman Square," said GPE's head of retail, Sarah Goldman.

"As one of the leading luxury home appliance brands, the decision to relocate from globally recognised Wigmore St and increase its footprint within the West End highlights the appeal of our central location at Portman & Wigmore, and shows we are committed to strengthening the retail offer."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

GPE Market Data

Currency UK Pounds
Share Price 292.50p
Change Today -3.00p
% Change -1.02 %
52 Week High 371.50
52 Week Low 288.00
Volume 468,504
Shares Issued 406.19m
Market Cap £1,188.10m
Beta 0.96
RiskGrade 82

GPE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
35.60% above the market average35.60% above the market average35.60% above the market average35.60% above the market average35.60% above the market average
41.67% below the sector average41.67% below the sector average41.67% below the sector average41.67% below the sector average41.67% below the sector average
Price Trend
46.02% below the market average46.02% below the market average46.02% below the market average46.02% below the market average46.02% below the market average
72.41% below the sector average72.41% below the sector average72.41% below the sector average72.41% below the sector average72.41% below the sector average
Income
50.2% below the market average50.2% below the market average50.2% below the market average50.2% below the market average50.2% below the market average
91.3% below the sector average91.3% below the sector average91.3% below the sector average91.3% below the sector average91.3% below the sector average
Growth
66.26% below the market average66.26% below the market average66.26% below the market average66.26% below the market average66.26% below the market average
92.86% below the sector average92.86% below the sector average92.86% below the sector average92.86% below the sector average92.86% below the sector average

What The Brokers Say

Strong Buy 4
Buy 5
Neutral 7
Sell 3
Strong Sell 0
Total 19
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

GPE Dividends

  Latest Previous
  Interim Final
Ex-Div 21-Nov-24 30-May-24
Paid 03-Jan-25 08-Jul-24
Amount 2.90p 7.90p

Trades for 21-Nov-2024

Time Volume / Share Price
16:36 9,922 @ 292.50p
16:35 4,109 @ 292.50p
16:35 2,082 @ 292.50p
16:29 101 @ 291.00p
16:28 32 @ 291.00p

GPE Key Personnel

CEO Toby Courtauld

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