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IN BRIEF: Great Portland pre-lets part of Delft to AI firm Quantexa

ALN

Great Portland Estates PLC - London-based office building developer and landlord - Pre-lets 52,293 square feet at The Delft in London to Quantexa, which provides data, analytics, and AI software services through its Decision Intelligence platform. The Delft, an office development formerly named Minerva House near the River Thames and London Bridge, ‘will deliver 143,100 sq ft of bestinclass HQ workspace in spring 2027’. Great Portland says Quantexa has agreed a 10-year lease to occupy the eastern ground and first floors and the fifth, sixth and seventh floors.

Great Portland’s Leasing Director Marc Wilder comments: ‘This preletting follows another strong quarter of leasing and underlines continued demand from global occupiers for highquality, sustainable workspaces. London is an increasingly important central hub for AIled businesses, and this transaction further strengthens our customer base in this sector. Following this transaction the building is 38% pre let, and we continue to see good interest in the remaining space.’

Current stock price: 346.50 pence

12-month change: up 21%

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