British Land rents out more space in the West End

Real estate investment group British Land has let 24,392 square foot of office space at its new West End development at 10 Portman Square, the company announced on Friday.

Real estate investment group British Land has let 24,392 square foot of office space at its new West End development at 10 Portman Square, the company announced on Friday.

Aramco Overseas Company UK Ltd, the UK affiliate of the Saudi Arabian oil company, has leased the fifth and part fourth floors at a headline rent of £92 per sq ft on the fifth floor and an overall average rent of £90.76 per sq ft, on new 15-year leases, without break, and with 24 months rent free.

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