Landsec said today that its overall central London occupancy rate hit 96.5%. And the West End fared even better — with 99.6% of it let — meaning that the capital’s cultural heartland was “effectively full”, at least as far as the FTSE 100 group’s portfolio was concerned.
Mark Allen, CEO of the owner of the Lucent office development behind the Piccadilly Lights advertising site, became the latest big name in the industry to point to the trend driving demand since Covid: “Customers concentrating on best-in-class space.”
He added: “In London, our well located, sustainable offices in vibrant, amenity-rich areas continue to see growing occupancy, growing utilisation, growing customer space requirements and hence growing rents.”
Esta historia es de la edición November 14, 2023 de Evening Standard.
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Esta historia es de la edición November 14, 2023 de Evening Standard.
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