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By Laura McGuire One of the capital’s biggest landlords, GPE has launched a rights issue to raise approximately £350m to invest in new properties across London. The rights issue announcement came alongside the company’s full-year results and the announcement that it has swapped a property with the City of London Corporation. The firm announced the launch of a fully underwritten three-for-five rights issue to raise gross proceeds of approximately £350m – £336m net of expenses – through the issue of 152m new Shares at a price of 230 pence each. A Rights Issue is where existing shareholders are g…

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