McKay Securities has reduced its portfolio void by 8.9% in the period from 1 April to 19 July after securing five lettings, including a prelet a 203 Blackfriars Road, SE1.
The new tenants signed up will pay a combined rent of £976,650 pa, £802,700 of which is due from the Overseas Development Institute at Blackfriars Road.
It will occupy the entire 21,020 newly refurbished building on a 12-year lease with a 2-year, rent-free period.
McKay also completed a lease extension to the Student Loans Company for 100,270 sq ft at 100 Bothwell Street, Glasgow, during the period.
It acquired Pinehurst Park, Farnborough, Surrey, for £3.5m from receivers in June for an initial yield of 35%.
The 2.8-acre site includes 63,600 sq ft let to IBM until 2016.
jack.sidders@estatesgazette.com
