Tuesday, July 7, 2009

Full Centre

The tower block London's never beeen certain about, Centre Point, is now fully let for the first time in its forty year history. A software company has finally filled remaining space on the 29th floor , at a rent believed to be £63.50 a square foot.

Targetflow bought the block four years ago (at £85m). Then, 12 of the 35 floors were vacant, and 14 floors had leases set to expire within three years - so it's not a bad turn-round - especially considering the ground floor disruption of the Cross-Rail development. From Property Week.

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