The property group said that it has let 60,887 sq ft of London offices to New Look, the fashion retailer, at a yearly rent of £2.58m, with the first 15 months rent free. indicating the weak demand in London’s office market.
Patron Capital and APAM have made three new lettings totalling 58,000 sq ft at Arlington Business Park outside Reading.
Ocubis has sold City of London building Cannon Green to Korean investor KiwoomAM for £120m.
Orchard Street has completed the purchase of two hotels in Newcastle from Union Property Development for £38m on behalf of its St James’s Place fund.
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