Last checked at 6 Jul 2012 09:00
6 July 2012Land Securities Group PLC ("Land Securities")
LAND SECURITIES' INVESTOR CONFERENCE LONDON PORTFOLIO ACTIVITY UPDATE
Today Land Securities will be hosting an investor conference focused on the London Portfolio and will be updating on recent activity as listed below:
- 123 Victoria Street, SW1: Jimmy Choo has increased its space by 11,000 sq ft to 48,500 sq ft, which combined with an additional 31,000 sq ft in solicitors' hands, takes the percentage pre-let or in solicitors' hands to 42%.
- 20 Fenchurch Street, EC3: a further 11% is in solicitors' hands which, combined with the pre-let of 51,000 sq ft to Markel International, takes the percentage pre-let or in solicitors' hands to 19%.
- One New Change, EC4: Panmure Gordon has taken 14,800 sq ft of office space and bwin 20,000 sq ft which brings the overall percentage let to 94%.
- Cardinal Place, SW1: Ruffer has doubled its space to circa 45,000 sq ft and extended its lease to 2021.
Colette O'Shea, Head of Development for Land Securities' London Portfolio commented: "These deals demonstrate there is a good momentum in our London business thanks to our relentless approach to asset management and carefully timed development pipeline. We're delivering against a clear plan and are very pleased with our progress."
A copy of the presentation will be available on the Land Securities's website: www.landsecurities.com
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For further information, please contact:
Land Securities Group PLC
Donal McCabe
T: +44 (0)20 7024 5460
Donal.mccabe@landsecurities.com
Notes for Editors - Land Securities is the UK's largest commercial property company and a member of the FTSE 100. The company owns and manages more than 29 million sq ft of property, from shopping centres to offices. For more information see www.landsecurities.com