CLS, which has a £1.9bn office portfolio in the UK, Germany and France, has released a trading statement for the period since its half year end. This shows that the company has been very active in securing lettings across its portfolio, reducing the Group’s vacancy level from 5.7% to 4.3%. It has also made £20m of disposals at an average of 5.5% above 31 December 2017 book values.
