- Price
- 409.80p
- Market cap
- £4.14bn
- 1M
- +0.1%
- 3M
- -5.5%
- 1Y
- +0.1%
- P/E (trailing)
- 11.7
- Dividend yield
- 5.56%
“We continue to lease space at rents significantly ahead of valuers' expectations which, combined with good cost control and successful asset management, means we have maintained our underlying earnings per share, despite significant development activity which will be a key driver of future earnings growth. ... The continued occupational strength of our key markets and the resulting above inflation rental growth gives us confidence for the future and in our strategy, despite ongoing macro volatility. ... which underpins our guidance of 3-5% per annum rental growth across the portfolio.”
like for like rental growth
Model estimate: 50% ahead · 32% in line · 18% below. A statistical estimate, not a forecast.
Last 24 months of trading updates, one verdict per announcement (the headline profit measure first). Companies report these themselves and lean positive, so compare against peers: the same tag-based peer group as the Overview, counting peers with at least 2 updates and needing at least 3. Verdicts are machine-extracted; where the quoted wording clearly says otherwise, the wording is used.
“We continue to lease space at rents significantly ahead of valuers' expectations which, combined with good cost control and successful asset management, means we have maintained our underlying earnings per share, despite significant development activity which will be a key driver of future earnings growth. ... The continued occupational strength of our key markets and the resulting above inflation rental growth gives us confidence for the future and in our strategy, despite ongoing macro volatility. ... which underpins our guidance of 3-5% per annum rental growth across the portfolio.”
like for like rental growth
Model estimate: 50% ahead · 32% in line · 18% below. A statistical estimate, not a forecast.
Last 24 months of trading updates, one verdict per announcement (the headline profit measure first). Companies report these themselves and lean positive, so compare against peers: the same tag-based peer group as the Overview, counting peers with at least 2 updates and needing at least 3. Verdicts are machine-extracted; where the quoted wording clearly says otherwise, the wording is used.