Jefferies raises target for Great Portland stock from GBp 334 to GBp 351

Published on 10/15/2026 at 12:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Great Portland signed 40 leases worth GBP 19.0 million in the first half. The interim-results date for Great Portland stock is November 19, 2026.

Analyst target and leasing update

Jefferies raised its Great Portland target from GBp 334.00 to GBp 351.00 on October 14, 2026.
Great Portland signed 40 leases worth GBP 19.0 million in the first half ended September 30, 2026.
Great Portland stock trades at EUR 3.78 at 12:49 p.m. CEST at Lang & Schwarz on October 15, 2026.
The company will release its interim results on November 19, 2026.

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 was the subject of a Jefferies upgrade to Buy from Hold, with the price target raised from GBp 334.00 to GBp 351.00 on October 14, 2026, according to Markets Insider. The same update put leasing execution alongside valuation as the key investor issue.

Leasing delivered GBP 19 million

Great Portland signed 40 leases and renewals worth GBP 19.0 million in annual rent during the first half ended September 30, 2026. The deals were signed 4.1 percent above estimated rental value, while a further GBP 9.8 million of annual rent was under offer at 6.7 percent above estimated rental value, according to RTTNews.

The second quarter contributed 19 leases and renewals worth GBP 5.8 million of annual rent at 5.0 percent above estimated rental value. That compares with 3.7 percent in the first quarter, giving the half-year result a measurable improvement in rental outperformance, as Sharecast reported on October 14, 2026.

What does GBP 19 million mean?

The leasing figure matters because it combines volume with rent quality. Great Portland completed the fully pre-let 30 Duke Street development in September 2026 on time and on budget, while the portfolio continued to attract demand for managed central London workspace, according to Morningstar.

Three dates frame the update

On September 3, 2026, Great Portland fully pre-let 30 Duke Street; on September 24, 2026, it announced City Tower pre-lets ahead of a 2027 launch; on October 14, 2026, it reported 40 first-half leases worth GBP 19.0 million. The company will release its full interim results on November 19, 2026, and its City Tower launch is scheduled for 2027, according to the company's investor page at Great Portland.

Stock price and investor reference

Great Portland stock was trading at EUR 3.78 at Lang & Schwarz on October 15, 2026, at 12:49 p.m. CEST. The primary listing is on the London Stock Exchange, where the share was quoted at GBp 320.00 at 10:55 a.m. UTC on October 15, 2026; the 52-week range was GBp 270.00 to GBp 377.00.

The further course of trading is shown by the continuously updated real-time quote of Great Portland stock.