Minerva said there was little evidence that Lodnon’s office occupier market had been hit by the turmoil in the financial market. The Daily Telegraph. The Times. Financial Times

The group had until lately been in talks with Australian bank Macquarie, to take space in its speculative Walbrook scheme at Cannon Street in the City of London.

But chief executive Salmaan Hasan said it was too early to predict the impact of the credit crunch on rents and occupancy levels.

Minerva reported an increase in net asset value per share from 311.5p to 327.9p for the year to 30 June.