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BlackRock Ups Stake in Great Portland Estates

BlackRock Ups Stake in Great Portland Estates

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

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Great Portland Estates PLC has announced a significant change in ownership, with BlackRock, Inc. now holding a combined total of 9.97% of voting rights after crossing the notification threshold on May 16, 2024. This reflects an increase from their previous holding of 8.94%, consisting of both direct voting rights and financial instruments. The notification underscores BlackRock’s increased stake in the UK-based property investment and development company.

For further insights into GB:GPE stock, check out TipRanks’ Stock Analysis page.

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