17/11/2016 by Buildington
British Land launched the completed 51,000 sq ft office component to the market in September and has already placed two floors under offer as well as the ground floor restaurant, comprising 18,000 sq ft, at terms ahead of the valuation assumptions, despite the uncertainty caused by the referendum.
In the residential part they have already pre-sold over 50% of the residential units by value. The remaining 12 units ( £159m), predominantly on the upper floors, will be marketed upon completion in late 2017. British Land continues to be confident that these final units will sell well.
Source: The British Land Company PLC Half Year Results 2016/17 www.britishland.com 16.11.2016