15/05/2018 by Buildington
Cardinal Place update from Landsec's latest financial update:
Second rent review cycle completed - £15m reviewed, office rents increased by 12% and retail by 19%.
Refurbished and let 81,000 sq ft at an average rent of £68 per sq ft on an average lease of 7 years.
Source: Landsec Preliminary Results 2018 for the year ended 31 March 2018 landsec.com.