Great Portland Estates stock reports City Tower lettings

Great Portland Estates stock closed at GBp 305.40 on the LSE on September 24, 2026, up 0.53 percent on the session. The company announced more than 4,300 square feet of pre-lets at City Tower, adding a measurable leasing milestone to its central London portfolio.

City Tower passes 4,300 square feet

As TradingView reported on September 24, 2026, Great Portland Estates pre-let the initial floor of the latest Fully Managed phase at City Tower in EC2, while a further floor was under offer. The transactions cover more than 4,300 square feet and target growth businesses in software solutions and artificial intelligence.

The latest phase will convert a further 38,000 square feet to the Fully Managed format. Once complete, City Tower is planned to provide 80,000 square feet of Flex space, while completion of the current phase is scheduled for early 2027.

Revenue rises 26.21 percent

The leasing update is set against a stronger fiscal 2026 income statement. Investing.com lists total revenue at GBP 128.1 million for the year ended March 31, 2026, compared with GBP 101.5 million in fiscal 2025, an increase of 26.21 percent.

The same fiscal-year data show operating profit of GBP 34.5 million versus GBP 26.8 million in fiscal 2025. EBITDA reached GBP 35.3 million, up from GBP 28.5 million, giving the leasing figures a financial backdrop rather than leaving them as an isolated property update.

Stock stays below its yearly high

At the September 24, 2026 official close, the stock was 18.99 percent below its 52-week high of GBp 377 and 13.11 percent above its 52-week low of GBp 270. Great Portland Estates had a market capitalization of GBP 1,236,245,301 on the same date.

For investors, the key connection is between leasing volume and delivery capacity. More than 20,000 square feet of leasing activity during fiscal 2026, alongside the City Tower pre-lets, shows how the Fully Managed strategy is being measured through occupied space as well as reported revenue.