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IN BRIEF: Great Portland Estates secures further AI-led customer

ALN

Great Portland Estates PLC - London-based office space landlord - Secures fully-managed letting with compliance automation and trust management platform, Vanta, for 7,500 square foot at Kent House, London. Says the deal makes Vanta its 10th AI-led customer, with AI-related customers representing 7.1% of its total office portfolio, or 18.5% of its full-managed offices.

‘We are delighted to welcome Vanta to their new fully managed space at Kent House. AI is reshaping how we work, and London sits at the centre of this transformation. Our fully managed buildings in prime London locations provide the flexibility and ease of occupation that fast-growing businesses like Vanta need. While the rise of AI may reduce global demand for office space, we believe premium workspaces in globally significant cities will remain magnets for top-tier AI talent and businesses and London is exceptionally well placed to benefit,’ says Chief Executive Toby Courtauld.

Current stock price: 300.00 pence, up 0.2% on Tuesday morning in London

12-month change: down 14%

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