Great Portland Estates Expands with Strategic Fitzrovia Acquisition

Great Portland Estates plc R.E.I.T. (GB:GPE) has released an update.

Great Portland Estates plc has announced the acquisition of 19/23 Wells Street in Fitzrovia for £19 million, aiming to enhance its portfolio with a Fully Managed offering. This strategic purchase marks GPE’s continued expansion in the West End, promising diverse workspaces with top-notch amenities. The move strengthens GPE’s presence and service quality in one of London’s vibrant areas.

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