LANDSEC SWINGS TO GROWTH AS RETURN TO OFFICE WORKING GATHERS PACE
https://i.guim.co.uk/img/media/5f60e58f5ebc10731c20eb59cb7da930ff030a97/0_0_5472_3283/master/5472.jpg?width=460&quality=85&auto=format&fit=max&s=0cb76b437f50919fdcf79dc3cfb50023
✍️ Landsec, a British property developer, reports an all-time high occupancy rate in its central London offices, with a 97.9% occupancy rate, and a £243m pre-tax profit in the six months to the end of September.
👉 Occupancy rate in central London offices has grown to an all-time high of 97.9% 👉 80% of customers have struck lettings deals over the last year, either growing space or maintaining existing size 👉 Retail property operation has seen significant growth, driven by demand for shops from big brands 👉 Value of property portfolio has returned to growth, with central London office portfolio growing by 0.8% in value year on year to £6.4bn
-- #OliCreasey,propertyanalystatQuilterCheviot #London #CityofLondon #Bluewater #TrinityLeeds #mainstream #business
Loading quoted post…
