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QuotedData’s morning briefing 23 January 2024 – USA, GPE

In QuotedData’s morning briefing 23 January 2024:

  • Baillie Gifford US Growth Trust (USA) announced an update for the six months to November 30, 2023. The company’s share price and NAV  returned 12.3% and 4.1% respectively. This compares with a total return of 7.9% for the benchmark US index. Since launch on 23 March 2018, to 30 November 2023, the company’s share price and NAV returned 61.8% and 98.2% respectively. This compares with a total return of 117.8% for the benchmark.
  • Great Portland Estates (GPE) has updated on its leasing activity for the quarter to 31 December 2023. It completed 12 new lettings and renewals during the period accounting for £5.0m of rent at an average uplift of 6.5% of estimated rental value (ERV). A further £6.0m of leasing deals are under offer. The majority of recent activity was from the company’s flexible office offer.

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