Real Estate
British Land Weighs New Office Projects as London Demand Soars
- Office space under offer to lease in the City at 24-year high
- CEO Simon Carter spoke in an interview with Bloomberg
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The amount of office space in the City of London that’s under offer to lease is at its highest in almost a quarter of a century, prompting developer British Land Co. to weigh bringing forward new projects to capture booming demand.
The landlord has already committed to building a new skyscraper at its Broadgate campus and is now exploring options for other projects it could kick start including 1 Appold Street, a building previously occupied by Deutsche Bank AG., Chief Executive Officer Simon Carter said in an interview Wednesday.