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4 Jul 2008 07:00
Development Securities PLC to lease 92,000 sq ft
at PaddingtonCentral to Vodafone
Development Securities PLC, the leading property development and investment company, announces today that 92,000 sq. ft. at its One Kingdom Street, PaddingtonCentral development, funded by Morley Fund Management and Union Investment, have been placed under offer to Vodafone.
With practical completion of the construction of One Kingdom Street having been reached as recently as 19th February 2008, completion of this letting and that of Statoil UK Ltd announced on 9th June will take the occupancy level within the building to 85 per cent of the available space.
For further information, please contact:
Michael Marx
Development Securities PLC 020 7828 4777
Richard Evans/Mallika Basu
The Communication Group 07751 087 291
UAI.L (UAI)
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