Free design & quotation:
01293 224366

British Land reports an increased demand for office space

Posted by Marianne
February 28, 2014 in News

National property developer British Land has said that the demand for office space throughout the country is continuing to increase.

With many companies requesting  office fit out  office fit out work to optimise space for their workers, the boss at British Land said that the capital is again leading the way. However, he also said that the growth is reaching from London to throughout the UK.

In the firm’s interim management statement released at the start of the year, the CEO of the company, Chris Grigg said:

“Overall, the UK property market had a strong quarter with London strengthening further and domestic and international investment spreading out into the regional markets.”

As well as an increase in office space leasing, Grigg went on to say that the retail sector is also beginning to pick up. With footfall and transactions increasing again, many retailers are looking to open up a new number of stores.

Grigg continued to say that the economic recovery was having a positive impact on client confidence and that British Land would continue to benefit from retailers looking to take up space.

The company also reported that it had made its first letting of a complete office floor of the new London landmark Leadenhall Building, commonly nicknamed the ‘Cheesegrater’ for its distinctive shape.

A 15 year deal has been signed with a serviced office provider for level 30, taking up 11,851 square feet.

The property firm is in an equal partnership with Oxford Properties for the skyscraper, which is located at 122 Leadenhall Street in the City of London.

No Comments »

No comments yet.

RSS feed for comments on this post. TrackBack URL

Leave a comment

We gave accountants a partitioning asset

We have recently completed an installation at Maxipay accounting services in Tunbridge Wells, which provides financial services to thousands of people across many industries.

Aldi announces plans for new Cardiff warehouse

Low-cost supermarket chain Aldi has announced plans to build a multimillion pound warehouse in the Welsh capital as part of its recently confirmed £109m investment into the UK. The £25m development, which is expected to

Suspended ceilings: not just hanging around

Suspended ceilings are a practical, cost-effective and sophisticated alternative to a traditional ceiling installation. Known to many as a dropped ceiling, understanding the basics is simple, as the answer is in the

Factory capacity increased to help power car revolution

A company leading the charge for electric vehicles has installed a new mezzanine floor into its flagship facilities. Electric car solutions firm Chargemaster has fitted

New Red Bull office gets quiet launch

Contrasting its public image, an energy-drinks firm has quietly opened its brand new office space in New York, USA. Red Bull is synonymous with