London
· Delayed Price · Currency is GBP · Price in GBXDerwent London Company Description
Derwent London plc owns 63 buildings in a commercial real estate portfolio predominantly in central London valued at £4.8 billion as at 30 June 2024, making it the largest London office-focused real estate investment trust (REIT).
Our experienced team has a long track record of creating value throughout the property cycle by regenerating our buildings via redevelopment or refurbishment, effective asset management and capital recycling.
We typically acquire central London properties off-market with low capital values and modest rents in improving locations, most of which are either in the West End or the Tech Belt.
We capitalise on the unique qualities of each of our properties - taking a fresh approach to the regeneration of every building with a focus on anticipating tenant requirements and an emphasis on design.
Reflecting and supporting our long-term success, the business has a strong balance sheet with modest leverage, a robust income stream and flexible financing.
We are frequently recognised in industry awards for the quality, design and innovation of our projects.
Landmark buildings in our 5.3 million sq ft portfolio include 1 Soho Place W1, 80 Charlotte Street W1, Brunel Building W2, White Collar Factory EC1, Angel Building EC1, 1-2 Stephen Street W1, Horseferry House SW1 and Tea Building E1.
As part of our commitment to lead the industry in mitigating climate change, Derwent London has committed to becoming a net zero carbon business by 2030, publishing its pathway to achieving this goal in July 2020.
Our science-based carbon targets validated by the Science Based Targets initiative (SBTi). In 2013 the Company launched a voluntary Community Fund which has to date supported over 160 community projects in the West End and the Tech Belt.
The Company is a public limited company, which is listed on the London Stock Exchange and incorporated and domiciled in the UK.
The address of its registered office is 25 Savile Row, London, W1S 2ER.
| Country | United Kingdom |
| Founded | 1984 |
| Industry | REIT - Office |
| Sector | Real Estate |
| Employees | 199 |
| CEO | Paul Williams |
Contact Details
Address: 25 Savile Row London, W1S 2ER United Kingdom | |
| Phone | 44 20 7659 3000 |
| Website | derwentlondon.com |
Stock Details
| Ticker Symbol | DLN |
| Exchange | London Stock Exchange |
| Fiscal Year | January - December |
| Reporting Currency | GBP |
| ISIN Number | GB0002652740 |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Paul Malcolm Williams | Chief Executive Officer and Director |
| Damian Mark Alan Wisniewski A.C.A. | Chief Financial Officer and Executive Director |
| Nigel Quentin George | Executive Director |
| Emily Joanna Prideaux | Executive Director |
| Matt Cook | Head of Digital Innovation and Technology |
| Robert Andrew Duncan | Head of Investor Relations and Strategic Planning |
| Lesley Bufton | Head of Marketing |
| Katy Levine | Head of Human Resources |
| John Davies | Head of Sustainability |
| Jennifer Whybrow | Head of Financial Planning and Analysis |