Derwent fully pre-lets Brunel Building in West London

Property investor Derwent London has fully pre-let the currently under construction Brunel Building in Paddington, West London.

Derwent pre-let the final three office floors to Splunk Services UK, a subsidiary of American public multinational corporation Splunk.

Splunk signed on the remaining 49,600 square foot of offices on the third, fourth and fifth floors on similar terms as the building's other tenants such as Sony Pictures, Paymentsense, FA Premier League, Hellman & Friedman, Coach and Alpha FX.

The FTSE 250-listed firm will receive £17.6m per annum from the letting, 2.4% above December 2018 ERV.

Chief executive John Burns said: "We are delighted that Splunk has completed the roster of leading creative companies that have chosen Brunel Building as their new home.

"Our pre-letting success supports our design-led approach as well as our confidence that London continues to attract major international businesses."

The remaining 5,500 square feet of restaurant/café space remains under offer.

As of 0840 GMT, Derwent shares had dipped 0.031% to 3,209p.