50 Finsbury Square
Under offer

Under offer

09/07/2021 by Buildington

50 Finsbury Square is now under offer, reports Great Portland Estates in its latest trading update. The main construction works are progressing well at the 128,100 sq ft major refurbishment.

Toby Courtauld, Chief Executive, commented: "The acceleration in enquiries that we experienced in the first quarter of the year has translated into healthy leasing activity, particularly for our prime Grade A and flex office products. In a strong leasing quarter, we have continued to let space ahead of ERV, improved our rental collection performance and have placed 50 Finsbury Square, EC2, under offer to a single occupier."

"As momentum in our markets builds, we can expect demand for our flexible and sustainable spaces to grow. With our sizeable development programme designed to satisfy customers' changing needs, our low leverage and high liquidity providing significant capacity for growth and our talented and innovative team, we are well placed to capitalise in such a dynamic market environment."

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