Great Portland Estates has 2.2m sq ft pipeline

Grant Prior 11 years ago
Share

Developer Great Portland Estates could start work on 2.2m sq ft of schemes over the next 24 months with a capital value of £428m.

Great Portland highlighted its development programme in a sparkling set of results for the year to March 31 2014 which show pre-tax profits up 73% to £38.4m.

The firm is focused on the booming London market with most of its schemes in the West End.

Great Portland is currently on-site at Walmar House in W1 and 12/14 New Fetter Lane EC4 developing a total of 202,800 sq ft of space.

The firm also has seven other schemes where construction could start within the next 24 months.

Planned projects include Rathbone Square W1, 73/89 Oxford Street W1, St Lawrence House at 26/34 Broadwick Street W1 and Tasman House at 59/63 Wells Street W1.

Chief executive Toby Courtald said: “With London’s growth outpacing a resurgent UK economy, we can expect conditions in our markets to strengthen further; employment levels are on the rise whilst order books are growing, suggesting that the space needs of the Capital’s businesses will follow suit.

 

Latest news

Historic property magazine to close

Estates Gazette has been in business since 1858
13 hours ago

M&S Marble Arch rebuild approved after three-year planning fight

Plans were delayed when Michael Gove backed carbon campaigners
1 day ago

£191m revamp funding approved for London Barbican Centre

Construction to start in 2027 on five-year programme
1 day ago

RED Construction tops £100m turnover

Builder maintains profit margin at 1.7% as business nearly doubles in size
21 hours ago

Timber designs shortlisted for roads ‘footbridge of the future’

Three of five designs for National Highways propose timber structures over busy highways
21 hours ago

PM pledges to fast-track 150 infrastructure schemes

Fresh promise to speed up planning decisions on infrastructure and house building
2 days ago

Amey FM firm fined after legionella kills prisoner

Court fines company £600,000 for prison upkeep failures
21 hours ago

Buyers report boom in commercial work

Construction bucks slowdown in general economy
2 days ago

Plans in for £250m Stockport 8 housing-led scheme

Work to start on phase 1 by the end of next year
2 days ago

Galliford Try tops monthly contracts league

Contract awards slow down in November
2 days ago

Erith explosives set demolition record at Sizewell

Watch blast at former nuclear turbine hall: Video
2 days ago

Vistry to build 950 homes next to Olympic Park

Developer signed for £600m Pudding Mill Lane scheme in East London
2 days ago

Inflatable formwork used for 45m tall cement silo

Ground-breaking dome silo inflated at Tilbury Docks
2 days ago

Briggs & Forrester sells maintenance arm

100 engineers to move over to new owner
3 days ago

£2bn Edinburgh ‘West Town’ scheme approved

7,000 homes to be built at 205-acre site
3 days ago

Rayner approves Lancashire super prison

Communities secretary overrules planning inspector for 1,700 inmate prison.
3 days ago

Wates boss returns after collapse of his own contractor

Paul Nicholls was head of the failed Real construction group
4 days ago

Trio secure Birmingham deal to retrofit 3,000 homes a year

Specialist contractors to install insulation, efficient heating and solar panels
3 days ago

Costain confirms £400m HS2 tunnels win

Work to start early next year on tunnel and lineside mechanical and electrical systems
3 days ago

First nuclear reactor installed at Hinkley: Video

Watch precision operation at Somerset site
3 days ago

Winner named for Harbourside revamp

Local Irvine contractor to start transformation of beach front
3 days ago

New Fair Payment Code goes live today

Latest bid to get subcontractors and suppliers paid within 30 days
4 days ago

Lincolnshire concrete supplier files administration notice

Ever Readymix Concrete & Screed operates three depots and a fleet of 20 trucks
4 days ago

Graham lands first deal on Liverpool’s largest brownfield site

Contractor bags infrastructure package on 10.5 hectare site
5 days ago

Bouygues UK boss to step down

Fabienne Viala to leave after eight years at the helm
5 days ago

Galliford Try scoops £87m brace of London jobs

Firm will redevelop a prominent corner building on Sloane Street in Chelsea
4 days ago

New HS2 boss Mark Wild starts amid prep for final TBM drives

Former Crossrail CEO starts with a sharp focus on controlling costs
5 days ago

Ten consultants land Thames Water major upgrade places

Firms will share £400m of fee work over next five years
5 days ago

Rayner ultimatum to fix all unsafe tall buildings by 2029

Recladding work must start on all 18m+ resi buildings by 2027
5 days ago

ISG administrator finds just £35m to pay down £1.1bn debt

Failed firm was set to report £148m blackhole from legacy jobs
5 days ago

Contractor services