Great Portland Estates Plc is a FTSE 250 property investment and development company that owns a £2.4 billion portfolio of London real estate. It seeks to unlock the often hidden potential in central London commercial real estate by repositioning properties let at low rents into more valuable spaces attractive to a diverse range of occupiers. The firm operates in highly cyclical markets and aims to capture the opportunities this cyclicality creates through an active business model, adjusting operational risk as market conditions change while maintaining low financial leverage. It emphasizes an entrepreneurial, pragmatic culture with cross-disciplinary teamwork and strong relationships with occupiers, service partners, joint venture partners and other stakeholders. The company was incorporated in 1959 in the United Kingdom.