Derwent London is a UK-based real estate investment trust business (REIT) that owns operates and invests in income generating properties in the long term. Derwent London was founded in 1984 by John Burns and Simon Silver and is publically traded in London Stock exchange and is a component of the FTSE 250.
Derwent London is known for its services to improve and upgrade the poor-quality office buildings in central London into modern, adaptable, creative, and green workspaces. The company is known for its innovation, creative management approach, design-led philosophy, regeneration of properties. Derwent London portfolio is divided into 14 villages having different culture and identity, of which 98% is in London and its outskirts). In 2020, Derwent London owned and managed the investment portfolio of 5.6 million sq ft., of which 70% was located around Tottenham Court Road and Farringdon station. The company invests mainly in the properties that can produce income and can be further improved for future opportunities. The company tries to maintain strong financial statements to support its investment activities and buy and regenerate the properties.
The Group has topped the Real Estate Sector and won several awards in 2019, which includes The CoStar West End Deal of the Year for Brunel Building, EG Offices Company of the Year. It ranked ninth in the Management Today 2019 awards for Britain’s Most Admired Companies, Westminster Business Councils Best Achievement in Sustainability Award.
The group creates values for its customers with the three core business activities: Assets Management, Development & Refurbishment, and Investment Activities. The Asset Management’s main activities are to rent, review, renewal and regear. The company creates a growing income streams by leasing out its buildings. The Development & Refurbishment activities are focused on creating modern and adaptable buildings with all the high-class facilities with focus on its design and innovation, which can create value for money. The investment activity division focuses on acquiring the properties, which can generate income opportunities in future, recycle capital, and dispose those investments which do not provide future benefits and no longer meets investment criteria.
25 Savile Row W1S 2ER United Kingdom