Great Portland Estates Needs to Reduce Debt Further -- Market Talk
Dow Jones
May 21
1005 GMT - Great Portland Estates needs to reduce its debt further to justify the risks it is taking with new property developments, Berenberg's Tom Musson says in a note. Nevertheless, the British property developer's financial position has improved and has likely passed the period of highest debt levels, Musson says. Strong demand and limited supply for high-quality office space are likely to continue supporting the company's earnings and the value of its assets in the near term, he adds. Shares trade 1.65% higher at 307.4 pence. (nina.kienle@wsj.com)
(END) Dow Jones Newswires
May 21, 2026 06:05 ET (10:05 GMT)
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