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Derwent's Investment Bank Prelet Stands Out as West End Take-Up Stutters

Savills Says September Is Picking Up After Slow August
Derwent's proposed 25 Baker Street is leasing up. (Derwent London)
Derwent's proposed 25 Baker Street is leasing up. (Derwent London)
CoStar News
September 29, 2023 | 9:05 AM

Derwent London's prelet of 49,175 square feet of offices at its 25 Baker Street development to US investment bank Moelis & Co is the standout lease in recent weeks in London's West End as total take-up for the year runs 28% below the 10-year average.

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