IN BRIEF: Great Portland Estates pre-lets managed space at City Tower
Great Portland Estates PLC - London-based office space developer and landlord - Pre-lets an initial floor of its fully managed workspace at City Tower in the City of London ahead of completion in early 2027. The lease is for over 4,300 square feet in total, and Great Portland Estates says a further floor is under offer. The company doesn't name the tenant, but its say the deal reflects demand from growth businesses in the software solutions and artificial intelligence-led sectors. Great Portland Estates says it is reconverting a further 38,000 square feet of space to fully managed workspaces. Leasing & Flex Workspaces Director Simon Rowley says: "Pre letting fully managed space ahead of completion is rare and a clear endorsement of both City Tower and the strength of our offer. We are seeing strong demand from customers seeking high quality, flexible workspace in the heart of the City, giving us real confidence in the building's leasing trajectory." Read More