Debenhams asks British Land for more office space
British Land said that department store chain Debenhams is to take additional office space at the property group's Regent's Place development in north-west London.
British Land said that department store chain Debenhams is to take additional office space at the property group's Regent's Place development in north-west London.
Debenhams, which is moving its head office, has agreed to pre-let a further 29,500 square feet (sq. ft) of office space at 10 Brock Street, Regent's Place, NW1. As a result, Debenhams has now agreed to pre-let 174,500 sq. ft of office space, for a 25-year term without breaks, which is over half of the total space being developed at 10 Brock Street.
The development of 10 Brock Street will complete British Land's Regent's Place estate, located near Euston Tower, which has been transformed over the last five years through major redevelopment and upgrades to the public spaces and retail offerings.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Tim Roberts, Head of Offices at British Land, noted that the Debenhams arrangement is the largest pre-let in the West End for over six years.
JH
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Thousands of Brits switch to Nationwide, Monzo and HSBC – which banks are least popular?
As current account bank switches reach a record high, we look at the most and least popular banks and building societies among Brits. Is it worth switching?
-
Are these FTSE 100 pharmaceutical stocks worth a look?
Pharmaceutical stocks are some of the biggest in the FTSE 100. The sector is threatened by tariffs, but some have posted encouraging results regardless.