By Frances Ivens2018-11-15T08:43:00
Great Portland Estates has unveiled plans to buy back £200m worth of shares as it continues to sell properties let on long leases.
Since 1 April the company has reduced its long dated portfolio from 16% to 9% following the sale of 55 Wells Street and said it would look to decrease it further as properties continue to see ‘robust demand from international capital’.
You must be logged in to continue
Try Property Week For Free to finish this article.
Sign up now for the following benefits:
To access this article TRY FOR FREE NOW
Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.
Registered users and subscribers SIGN IN here to continue
Site powered by Webvision Cloud