CityAM
City broker Panmure Liberum has said that listed commercial office firms are undervalued on London’s stock market given the rapid rise in rents in the capital. Commercial office leaser Great Portland Estates (GPE) has fallen nearly 60 per cent from its 2020 peak and significantly underperformed the FTSE 250 this year – but Panmure said …
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City broker: Stocks have got the office cycle wrong
Amber Murray
19:22
City broker Panmure Liberum has said that listed commercial office firms are undervalued on London’s stock market given the rapid rise in rents in the capital. Commercial office leaser Great Portland Estates (GPE) has fallen nearly 60 per cent from its 2020 peak and significantly underperformed the FTSE 250 this year – but Panmure said
