London property company fully lets Baker Street office space ahead of completion

A UK property company has successfully fully let office space on Baker Street at a substantial premium, marking an optimistic opening to the commercial sector in 2025.

Derwent London announced the pre-letting of 204,300 sq ft to five tenants at their upcoming 25 Baker Street W1 complex, set to be completed by the end of the year, as reported by City AM.

"These lettings highlight the strength of demand for high quality, design-led and amenity-rich spaces in the right location with class-leading sustainability credentials," said Derwent. The company achieved a 16.5 per cent premium on the rental value app