| Derwent London transforms commercial properties through good design — for the benefit of shareholders, occupiers and the community. | |||
![]() Planning success at Bishop's Bridge Road Derwent London is pleased to announce that it has been granted planning permission by Westminster City Council to create 16 residential units and ground floor retail space totalling 21,400 sq ft at 96-98 Bishop’s Bridge Road W2. | ![]() Derwent London wins Property Company of the Year - Offices Award for 2011 Derwent London is delighted to have won the EG Property Company of the Year (Offices) award for 2011, which was announced at the London Hilton on 8 December. | ![]() Derwent London tops 'Britain's Most Admired Companies' 2011 in property Derwent London has topped the Property sector in the Management Today Awards 2011 for 'Britains Most Admired Company' and moved up to an impressive 5th overall out of 238 entrants. View the full rankings here View the full article here | ![]() Derwent London plc IMS Q3 2011 Continued strong letting progress and further rental growth during the quarter with additional material planning consents obtained adding further flexibility to our future development pipeline. |
![]() Lastminute.com Takes Space at Johnson Building Derwent London is pleased to announce that Last Minute Network Limited (“Lastminute.com”) has taken 22,300 sq ft of office space at Johnson Building, 77 Hatton Garden, London EC1. The tenant will occupy the entire third floor of the property and will pay a rent of £42.50 per sq ft, the highest level achieved in the building, amounting to £0.95 million per annum. | ![]() Planning Application Submitted for 1 Oxford Street Derwent London, in collaboration with Crossrail Limited, has submitted a planning application for a mixed-use scheme at 1 Oxford Street, London W1. The proposed scheme, with a total net lettable area of 275,000 sq ft, would be built above the Tottenham Court Road Crossrail and London Underground Station following the completion of the upgrade works, expected to be in 2017. At this time the Group has an option to reacquire the site which was compulsory purchased by Crossrail in 2009. | ![]() Grosvenor and Derwent London Join Forces to Redevelop Landmark West End Site Grosvenor and Derwent London have signed a Memorandum of Understanding to form a partnership to consider the redevelopment of 1-5 Grosvenor Place, London SW1. The site of over 1.5 acres, next to Hyde Park Corner, offers the opportunity to undertake a substantial mixed-use redevelopment, likely to include a luxury hotel, commercial and residential uses. | ![]() City Road Estate Gains Planning Consent Derwent London is pleased to announce that it has been granted planning permission by the London Borough of Islington for a major new 289,000 sq ft (26,800m²) redevelopment at City Road Estate, London EC1. The proposals, by architects Allford Hall Monaghan Morris, will provide offices, retail and private residential accommodation. The group is currently reviewing its strategy for the development and will be seeking to secure a significant pre-let prior to commencing construction. |
![]() Mayor Approves Fitzrovia Regeneration Project Derwent London is pleased to announce that it has been granted planning permission by the Mayor of London for a major mixed use development at 80 Charlotte Street, Fitzrovia W1. The 367,000 sq ft redevelopment will include 336,000 sq ft of office, residential and retail space at 80 Charlotte Street and 31,000 sq ft of residential at nearby 65 Whitfield Street and 1-8 Whitfield Place. In addition, a new public realm park will be created whilst retail units will enhance the ground floor frontage and identity. | ![]() Derwent London announces its Interim Results 2011 Live webcast Download results announcement Download results presentation | ![]() Angel Building Shortlisted for RIBA Stirling Prize 2011 Angel Building was shortlisted for the prestigious RIBA Stirling Prize 2011, which is awarded to the architects of the best new European building built or designed in Britain. Click here for the BBC Culture Show video link Click here for the RIBA video | ![]() Expedia Checks In at Angel Derwent London is pleased to announce that Expedia, the world's largest online travel company, has agreed to lease the top two floors of the Angel Building, 407 St. John Street, London EC1. Expedia will take 81,260 sq ft of office space at a rent of £3.33 million per annum on a 10-year lease with no breaks, a rent review in year five and a rent-free period of 24 months. |
![]() Convertible Bond Offering Launch and Pricing Derwent London announces the launch of an offering of £175 million of Convertible Bonds due 2016 with an option to increase the offering to up to £200 million. The Company intends to use the net proceeds to help fund its development pipeline and increase resources for future acquisition opportunities. Settlement is expected to take place on or about 2 June 2011. | ![]() Derwent London announces its Annual Results 2010 Link to webcast Download results announcement Download results presentation View interactive Annual Report 2010 | ||