Confident

Taking advantage of the strong market, Moorevale and its funding partner Rockspring has started on the refurbishment of the 4,645 sq.metres (50,000 sq.ft.) 65 Southwark Street. Joint agents are Farebrother and Jones Lang LaSalle. Farebrother is also the letting agent for the 2,787 sq.metres (30,000 sq.ft.) 90 Chancery Lane, WC2 which is due for completion by the end of the year. Farebrother’s Alistair Subba Row said: “Office supply in Midtown has been falling for three quarters and will continue to do so for the rest of the year. Developers and investors should feel confident that new and refurbished space will let well.”

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