IN BRIEF: Great Portland Estates lets two floors at Elsley House

Great Portland Estates PLC - London-based office space developer and landlord - Pre-lets more than 13,000 square feet of fully managed offices at Elsley House between Fitzrovia and the West End of London. Great Portland says the leased space, which includes both the first and second floors, achieved an average rent of GBP260 per square foot. This is 4.4% ahead of the new March 2026 estimated rental value. "Demand for the newly refurbished space has been strong," the company says. "Pre-letting over 13,000 square feet ahead of launch demonstrates the strength of demand for our fully managed offer. Customers want high-quality, ready-to-use space with flexibility from day one. With the refurbished floors now 80% let, Elsley shows how we are delivering the right product in the right locations at great pace," says Molly Maguire, senior flex leasing manager at Great Portland.

Current stock price: 311.80 pence, up 0.7% on Friday morning in London

12-month change: down 6.8%

By Tom Waite, Alliance News editor

Comments and questions to newsroom@alliancenews.com

Copyright 2026 Alliance News Ltd. All Rights Reserved.

GPE