Great Portland Estates Plc (GPE.L)
Central London property landlord owning shops and offices that businesses clamour to lease.
Is Great Portland Estates Plc a good stock for a UK beginner?
The honest version: There's no rating here and nothing for sale. In its favour: Trades at a discount to the value of its physical assets. Worth weighing: Forward earnings multiple is notably higher than the trailing measure. Below, we lay out what it does, what its numbers mean, and the honest risks, so you can decide for yourself.
Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. Past performance is not a guide to the future, and it could just as easily have fallen.
How much has Great Portland Estates Plc actually fallen?
Over the last 2 years of daily prices, Great Portland Estates Plc fell as much as −29% from a high to a later low. Drops of this size are a normal part of owning a share - worth knowing in advance, so a dip doesn't come as a shock.
Worst peak-to-trough fall in the daily closing price over the period we hold. Past falls are not a forecast - it can fall further, or recover.
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
A multi-year boom in London commercial real estate drives up net asset values.
Permanent shifts in remote working habits permanently reduce the need for large offices.
What does Great Portland Estates Plc do?
As a prominent name in the capital's commercial property scene, this company competes by snapping up prime real estate in central London and renting it out to office and retail tenants. Revenue flows in through tenancy agreements and property management, making its fortunes closely tied to how much businesses are willing to pay for prestigious postcodes. The key watch-point is property valuation shifts, since shifting economic moods can quickly alter the worth of its massive bricks-and-mortar portfolio.
On our factor screen it looks strongest on growth and income, and weakest on value.
- ✓Pays a dividend - about 2.4% a year
- ✓Growing - revenue up about 28% over the year
- ✓Very profitable - turns about 121% of sales into profit
- ·Low P/E of 9 vs last year's earnings
- Growth screens high (72/100)
- Trades at a discount to the value of its physical assets
- Delivers healthy revenue growth year-on-year
- Owns sought-after real estate in prime London locations
- Value screens low (31/100)
- Commercial property devaluation during wider economic slumps
- Shifting work habits reducing demand for central London workspace
- Financing costs linked to debt held against property portfolios
What do Great Portland Estates Plc's numbers mean?
Does Great Portland Estates Plc pay a dividend?
Yes - Great Portland Estates Plc currently pays a dividend of about 2.4% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.
What do the numbers say about Great Portland Estates Plc's dividend?
There's no rating here, and we don't judge whether the dividend will continue - that would be advice. Here are the figures income investors usually look at, and what each one means, so you can weigh it up yourself.
Figures are from the latest available data and can be distorted by one-off results. Past payments don't predict future ones, and a dividend can be cut at any time. This lays out the numbers to help you understand them - it is not a view on what will happen.
When does Great Portland Estates Plc report earnings, and how did recent quarters go?
Great Portland Estates Plc is next scheduled to report on about 2026-11-19 - dates can move, and we don't predict results; this just tells you when to look.
Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.
See who else reports over the next two weeks →
Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.
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Welltower Inc.What are the scenarios for Great Portland Estates Plc?
An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.
What are the pros and cons of Great Portland Estates Plc?
How many points the write-up makes each way — a balance check, not a score or verdict.
- Trades at a discount to the value of its physical assets
- Delivers healthy revenue growth: How fast the company's sales grew versus a year ago. year-on-year
- Owns sought-after real estate in prime London locations
- Provides a regular dividend income stream
- Forward earnings multiple is notably higher than the trailing measure
- Exposed to the cyclical: A business whose sales and profits rise and fall with the wider economy - booming in good times, sinking in downturns. Miners, carmakers and banks are classic examples. ups and downs of the property market
- Dependent on corporate willingness to lease high-end office space
- Commercial property devaluation during wider economic slumps
- Shifting work habits reducing demand for central London workspace
- Financing costs linked to debt held against property portfolios
The write-up's own warning lights — if these start happening, the case above changes.
- A prolonged period of falling property asset values despite rising revenues
- Significant drops in central London office occupancy rates
Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.