GPE retains 91% of fully managed customers

(Sharecast News) - Great Portland Estates said it retained 91% of its fully managed customers at break or expiry for the year to March, driven by strong demand for office space. The transactions secured an average rental uplift of more than 6% per annum and in total will deliver around £6.5 million of annual rent, 10% ahead of estimated rental value, the company said on Monday.

Reporting by Frank Prenesti for Sharecast.com