British offices are full again, at least according to British Land CEO Simon Carter, as the REIT declared the long-running debate over the impact of working from home effectively finished.
It reported another year of strong demand across its London campuses and retail parks, with technology and artificial intelligence occupiers driving a fresh leasing wave.
Underlying profit for the year to March came in at £294M, slightly ahead of analyst expectations of £291M, as occupancy levels tightened and rental growth accelerated at flagship office schemes, including Broadgate and Regent’s Place.
“The return-to-office debate is over,” Carter said, pointing to leasing demand that he described as the…