| Derwent London transforms commercial properties through good design — for the benefit of shareholders, occupiers and the community. | |||
![]() IMS Quarter 1 2012 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." Conference Call | ![]() Planning success at 1 Oxford Street Derwent London, in collaboration with Crossrail Limited, is pleased to announce that Westminster City Council has passed a resolution to grant permission for a mixed-use scheme at 1 Oxford Street, London W1. The scheme, with a total net lettable area of 275,000 sq ft, will be built above the Tottenham Court Road Crossrail and London Underground Station. | ![]() Planning approved at 1 Page Street Derwent London is pleased to announce that Westminster City Council has ratified the amendment to the existing planning consent for the refurbishment and extension of 1 Page Street SW1. The Group announced in February 2012 that it had pre-let the entire proposed 127,000 sq ft building to Burberry, the iconic British luxury fashion brand subject to receiving this amendment. | ![]() Report & Accounts 2011 Please click below to download our full report or build your own report. |
![]() Angel wins AIA Commendation The Stirling-shortlisted Angel Building was commended at the Annual Excellence in Design Awards Ceremony, held by the UK Chapter of the American Institute of Architects. The AIA awards attract a broad range of design professionals from around the globe who are either based in the UK, or who have delivered projects in the UK. | ![]() Exchanges around Construction exhibitions Drawing upon the constructivist history of Fitzrovia, artist Andrew Bick is curating three exhibitions for Derwent London's gallery. Gallery open Thurs-Sat 2pm-5.30pm 43 Whitfield Street London W1T 4HD Exhibition 1 - 16 March to 5 May 'The Slade School and Construction' Exhibition 2 - 14 June to 18 August Exhibition 3 - 27 September to 24 November | ![]() BrandOpus pre-lets at 1 Stephen Street W1 We are pleased to announce a pre-let to BrandOpus, the brand design agency, of 15,400 sq ft at 1 Stephen Street. The tenant will pay a rent of £52.50 per sq ft on the ground floor and £21.50 on the lower ground floor on a 10-year lease with no breaks, an upward only rent review at 5 years and a rent-free period equivalent to 18 months. The space is currently being refurbished as part of our phased regeneration plans which involve remodelling the main office entrance and further office refurbishments, to be completed in 2013. | ![]() Derwent London announces its Annual Results 2011 Webcast Download results announcement Download results presentation |
![]() Announcement of 1-5 Grosvenor Place joint venture Grosvenor and Derwent London are pleased to announce that they have restructured their leases and established a joint venture to work towards the redevelopment of 1-5 Grosvenor Place, London SW1. The existing properties occupy a site of over 1.5 acres, at Hyde Park Corner, which offers the opportunity to undertake a substantial mixed-use redevelopment, to include a luxury hotel, office and residential uses. | ![]() Space Spring 2012 Our new look Space magazine is out now. Read about our latest projects on site this year and coming up - we are bringing a million square feet to the market over the next five years. | ![]() Burberry pre-let 1 Page Street Derwent London is pleased to announce that it has pre-let the entire proposed 127,000 sq ft 1 Page Street, London SW1 to Burberry, the global luxury company. The tenant will pay a rent of £5.3m pa at this 11-floor building. The lease is for a 20-year term with a tenant-only break option in year ten and a rent-free period equivalent to 22 months. The first rent review will be subject to a minimum uplift to £5.7m pa. | ![]() 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 | ![]() 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. | ![]() 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. |
![]() 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. | ![]() 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 Click here for the Angel video Click here for the Ian McChesney video | |