British Land deal is a 'vote of confidence' in the London office market

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British Land has leased 134,000 square feet at 1 Broadgate to global property agent Jones Lang LaSalle for 15 years in what is thought to be one of the biggest deals in the capital this year.
One of Britain's largest landlords hailed a major 'vote of confidence' in the London office market after letting almost one third of a flagship development.

British Land has leased 134,000 sq ft at One Broadgate in the heart of the City to global property agent Jones Lang LaSalle (JLL) for 15 years in what is thought to be one of the biggest deals in the capital this year.

JLL will move into its new offices after the redevelopment is completed in 2025.

British Land has leased 134,000 sq ft at One Broadgate in the heart of the City to global property agent Jones Lang LaSalle (JLL) for 15 years

The deal covers nearly 30 per cent of the site's available space, spanning three floors.

European investment giant Axa also revealed it has raised hundreds of millions of pounds to plough into new office space across the UK, France and Germany.

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Matt Oliver, By Matt Oliver For The Daily Mail
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