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Occupier take-up totalled almost 33,800 sq m over Q1. However, the take-up figure is somewhat skewed by one large transaction. The most significant deal recorded inQ1 was by the IT company Capgemini who relocated to a new 21,000 sq m office but in so doing vacated an office of more than 50,000 sq m following the outsourcing of various processes. Construction of this new office will be completed within the next 2 years and will bring greater connectivity and larger more efficient floor-plates.
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01 June 2012