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IN BRIEF: Derwent lets 6-8 Greencoat Place to workspace provider Flora

29th Jul 2021 14:48

Derwent London PLC - property developer and landlord focused on central London - Lets 6-8 Greencoat Place SW1, London. Fora, a premium flexible workspace provider, is taking a 15-year lease with no breaks on the six-floor Derwent London scheme in Victoria, taking out 32,400 square feet at average rent of GBP69 per square foot. Overall rental incentive is equivalent to a 34-month rent-free period. "The letting is Fora's response to the increased need for workers to access their workspaces easily and adds an important London sub-market to Fora's comprehensive network of buildings," Derwent says.

Current stock price: 3,616.00 pence

Year-to-date change: up 17%

By Lucy Heming; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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