GPE expands AI customer base

Summary by AI BETAClose X

Great Portland Estates (GPE) has expanded its AI customer base, now representing 18.5% of its Fully Managed portfolio. The company secured a 7,500 sq ft Fully Managed letting at Kent House, W1, with Vanta, a compliance automation platform. Vanta is GPE's tenth AI-led customer, with nine taking Fully Managed deals. AI-related customers now account for 7.1% of GPE's total office portfolio. London-based AI companies raised £2.7 billion in 2024, contributing to a total AI-investment of £9.9 billion over the past five years, representing 71% of all UK AI funding. The UK AI sector employs approximately 86,000 people and generates £23.9 billion in annual revenue.

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