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Interim Management Statement Q1 2012 - CEO John Burns commented: "Robust lettings progress continued into the first quarter of 2012 with £6.8m of transactions, including the pre-letting of 1 Page Street to Burberry. We have moved forward with our pipeline of current and future schemes and won further major planning consents. We are now on site at Turnmill and on schedule to commence 40 Chancery Lane in the second half of the year."