16th Mar 2026 11:00
Derwent London PLC - London-headquartered property developer - Says it has pre-let all 136,300 square feet of offices at its Network W1 building to data and artificial intelligence-focused software company Databricks Inc. Annual rent is GBP14.1 million, and San Francisco-based Databricks has a 15-year lease with a break at the tenth year. Derwent says the market for office space in London is entering a period of very low new supply but that demand remains robust across sectors, driving a "strong rental growth outlook". Read More
