Half Year 2023 Great Portland Estates PLC Earnings Interview with CEO and CFO Transcript

Nov 17, 2022 / 07:00AM GMT
Toby Courtauld - Great Portland Estates Plc - CEO & Director

I think we fared very well in the context of a remarkably challenging period with volatile markets, frankly, everywhere, I think our performance has been good. And when you look across the positioning of the group, we're really well set for the next few years. Very strong balance sheet, one of the strongest in the sector, with gearing as low as it is at under 18%. GBP 500 million of liquidity to enable us to deliver on our plans. That gives us great strength. And the plans are really varied and full of opportunity. 1.5 million square feet of refurbishment and redevelopment potential across the existing book, all highly sustainable spaces, all with our customers' aspirations right at the center of our design and our thinking.

And as I say, a market which feels like it's coming back. So London has clearly retained its magnetism to businesses and customers around the world. And talent coming into the city. And that's beginning to, I think, drive lots of demand from prospective customers. And if you look at our leasing, we've just

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot