Great Portland Estates’ shares rose this week on the back of speculation that Liberty International could be making an offer for the group.
GPE’s shares rose 11p to 270p during early trading, but fell back to 265.5p by Thursday. More than 3.9m shares have been bought in the past week.
GPE’s financial director, John Whiteley, said it was unclear who was buying the shares, but it was individual sales, not blocks.
No one from Liberty was available for comment.
