Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

British Land leases Storey space at 155 Bishopsgate to Levin

Published 05/12/2022, 08:40
Updated 05/12/2022, 08:42
British Land leases Storey space at 155 Bishopsgate to Levin
BLND
-

Sharecast - Levin has signed an agreement to lease 23,000 square feet of space at the site, marking the group's third upsize at Broadgate after initially taking Storey space at 1 Finsbury Avenue in 2020 and later taking additional space in the neighbouring unit and at 100 Liverpool Street.

British Land highlighted that the new lease sees Levin consolidate its office space within a single location and also join Maven Securities, Marex and Sumitomo Mitsui in the same building.

Darren Richards, British Land's head of real estate, said: "Levin's trajectory at Broadgate underlines the key strength of our campus proposition, providing businesses with the flexibility to expand as their requirements change, while remaining on the campus and benefitting from the excellent amenities, proximity to key transport links and other innovative businesses.

"This deal builds on the excellent leasing momentum across our campuses in the first half of the year, including strong demand for Storey space where occupancy is at an all-time high of 96%."

As of 0840 GMT, British Land shares were up 0.075% at 401.80p.

Reporting by Iain Gilbert at Sharecast.com

Read more on Sharecast.com

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.