London’s West End is buzzing and demand for office space that allows returning workers make the most of their days in the capital means major landlord Derwent London has let more space so far this year than it did in all of 2023.
The FTSE 250 real estate investment trust said today it signed 10 leases since the start of the wort almost £15 million in rent. That compares to agreements worth £10 million struck last year. The fresh deals included the first pre-let at 25 Baker Street, to bond market investment powerhouse PIMCO and the third major tenant at the Featherstone Building near Old Street, Buro Happold, the global engineering consultancy.
