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Great Portland rights issue

Language: English Series: Financial Times ; 9 June 1993, 23&27Publication details: 1993Subject(s): Summary: Great Portland Estates has announced a £95m rights issue, making it the latest addition to the ranks of property companies raising money from the equity market. The move takes the total raised by property groups this year to more than £900m. George Wimpey, the UK construction group, has announced its first rights issue since its formation 110 years ago.

Great Portland Estates has announced a £95m rights issue, making it the latest addition to the ranks of property companies raising money from the equity market. The move takes the total raised by property groups this year to more than £900m. George Wimpey, the UK construction group, has announced its first rights issue since its formation 110 years ago.