British Land announces 96% occupancy across its West End offices

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THE DEVELOPER British Land today boasted of a 96% occupancy rate across its portfolio of West End offices.

The fully-refurbished, nine-storey 39 Victoria Street has just been fully let. The success follows on from 10-30 Brock Street and 10 Portman Square also being fully let or under offer.

British Land says its 2.4 million sq ft West End office portfolio occupancy rate now stands at 96%, up from 88% at 31 March 2014.

Tim Roberts, Head of Offices and Residential at British Land, said: “We have continued to see good letting momentum across our London office portfolio which reflects the high quality spaces and environments we have created along with improving occupational demand. With little new product coming to market over the coming years, we are pushing forward with our near-term pipeline.”

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