- McKay Securities has let the ground floor of the Prospero office development in Redhill, England to insurance broker The Plan Group.

The Plan Group has agreed a 15-year lease term on 11,537 square feet of space, with a tenant break option after 10 years, at a rent of £346,110 a year, equivalent to £30.00 per square foot.

Prospero will represent The Plan Group's new headquarters, relocating from their existing freehold in Croydon.

"The selection of Prospero by The Plan Group provides a clear indication of demand for the occupier-focused business space we have created in this under-supplied market," McKay chief executive Simon Perkins said.

"This letting means two of the four floors are now occupied, and interest levels remain high in the remainder of the property."

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