LONDON--British Land Co PLC (BLND.LN), a Real Estate Investment
Trust with total assets, owned or managed, of 16.9 billion pounds,
Thursday announces its letting to Facebook U.K. Ltd. at its newly
completed office development at 10 Brock Street.
MAIN FACTS:
-All 320,000 sq ft of office space at 10 Brock Street is now
fully let less than three months after practical completion of the
building.
-Facebook has taken 87,719 sq ft of space and will occupy three
floors of the building on a 10 year lease with a break option after
five years.
-The adjoining residential project, The Triton Building, has
also recently completed with 88 apartments out of 94 sold; three
penthouses have also just been launched.
-Shares at 0805 GMT down 2 pence, or 0.25%, at 606 pence valuing
the company at GBP6.07 billion.
-Write to Ian Walker at ian.walker@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires