Great Portland stock gained 1.99 percent as City Tower fills

Published on 10/04/2026 at 16:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Great Portland stock was last at GBp 307 on October 2, 2026, after a 4,300 sq ft City Tower pre-let. Analysts show a Hold consensus at GBp 373.

Aquarellbild der Londoner Skyline mit Bürogebäuden — Aquarellmalerei zeigt Londoner Skyline, symbolisch für Great Portland Estates plc, ISIN GB00B01FLL16, zentrale Immobilienlage, Illustration mit AI erstellt.

Great Portland stock (ISIN GB00BF5H9P87) was last at GBp 307 on the London Stock Exchange on October 2, 2026, up 1.99 percent from the previous close of GBp 301. The latest company update centers on City Tower, where Great Portland Estates secured pre-lets totaling more than 4,300 sq ft on September 24, 2026, according to GPE.

City Tower adds leasing momentum

The transactions include an initial floor of Fully Managed workspace, with a further floor under offer. Leasing activity at City Tower has reached more than 20,000 sq ft in the financial year, while the latest phase will convert 38,000 sq ft into additional Fully Managed space, according to GPE.

For investors, the operating detail matters because the pre-lets arrive before completion in early 2027. The company said the project will expand its Fully Managed offer near Moorgate, Bank and Liverpool Street stations, linking the leasing figures to a broader Flex workspace strategy.

Consensus stays above the share price

MarketBeat reports a Hold consensus based on four Buy, four Hold and one Sell rating, giving a total of nine analysts. The average target is GBp 373, which places the target 21.50 percent above the October 2 price of GBp 307, according to MarketBeat. The spread between the market price and consensus target leaves valuation expectations as an important counterweight to the leasing progress.

Stock remains below yearly high

Great Portland stock had a 52-week range of GBp 270 to GBp 377 on October 2, 2026, with 378,572 shares traded. Its market capitalization stood at GBP 1.2 billion on the same date, while the share price remained 18.57 percent below the yearly high.

The next reported checkpoint is November 18, 2026, when Great Portland Estates is scheduled to release second-quarter 2027 results, as listed by MarketScreener. That report will show whether the leasing pipeline is translating into broader operating progress.