As customers increasingly demand the very best, sustainable spaces, and discount the rest, we are shaping our spaces accordingly. We know every business is different, so we aim to provide a choice of premium spaces that allow our customers to take the option that best suits their business needs.
Across our diverse London portfolio, our customers can choose to take office space as Ready to Fit, or delivered flexibly on a Fitted or Fully Managed basis, helping to make life easier and hassle free. Whilst our
spaces are many and varied, they are all of a high quality, as we recognise that second best is no longer in demand.
Our leasing success this year demonstrates that this approach is working. We signed 66 new leases generating £22.5 million in annual rent. The rents achieved were 9.1% ahead of the March 2023 ERV, as our customers recognise the value of the quality of space we are delivering. Looking ahead, GPE is well-placed to continue this success with a deep pipeline of buildings that will ensure we continue to deliver best-in-class spaces over the coming years.