Great Portland Estates plc (GPE or the Group) announces that it has agreed with certain institutional investors to issue £150 million new unsecured US private placement notes. The Sterling denominated notes cover 12 year and 15 year maturities (weighted average of 14.5 years) and have a weighted average fixed rate coupon of 2.77%.
We deliver value by unlocking the often hidden potential in commercial real estate using our focused business model to reposition properties. When combined with the effective reading of the property cycle, in a market we know inside out, we aim to deliver long-term returns for shareholders. Explore results, presentations, share price and shareholder information here.