British Land has confirmed that it has fully let its recently completed development at 39 Victoria Street, a fully refurbished Grade A office in the heart of Victoria.
This continues a period of successful letting across our recently completed West End developments, with 10-30 Brock Street, 10 Portman Square and 39 Victoria Street now all fully let or under offer at terms ahead of ERV. As a result, our 2.4 million sq ft West End office portfolio has a 96% occupancy rate, up from 88% at 31 March 2014.
Tim Roberts, Head of Offices and Residential, said: “We have continued to see good letting momentum across our London office portfolio which reflects the high quality spaces and environments we have created along with improving occupational demand. With little new product coming to market over the coming years, we are pushing forward with our near-term pipeline.”
Source: British Land 23.09.2014