Derwent London is one of London’s most innovative office specialist property regenerators and investors and is well known for its design-led philosophy and creative management approach to development. Our appealing designs attract a range of tenants, including those from creative industries.
The Group owns and manages an investment portfolio of 5.4 million sq ft, of which 99% is located in central London, with a specific focus on the West End and the areas bordering the City of London, with the latter principally in the Tech Belt. The company is listed on the London Stock Exchange and is a member of the FTSE 250.
Our portfolio is grouped into 14 ‘villages’ each with its own unique culture and identity. Our buildings are well placed to benefit from the arrival of Crossrail with over 70% of the portfolio within 800 metres of a Crossrail station, focused around Tottenham Court Road and Farringdon stations.
Sustainability is deeply ingrained in what we do. Our approach to development, reusing as much of the fabric of the original building wherever possible, is good for both the bottom line and the environment.
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. In 2019 the Group became the first UK REIT to sign a Revolving Credit Facility with a ‘green’ tranche. At the same time, we also launched our Green Finance Framework and signed the Better Buildings Partnership’s climate change commitment. The Group is a member of the ‘RE100’ which recognises Derwent London as an influential company, committed to 100% renewable power by purchasing renewable energy, a key step in becoming a net zero carbon business. Derwent London is one of only a few property companies worldwide to have science-based carbon targets validated by the Science Based Targets initiative (SBTi).
When adding to our portfolio, we seek out properties that are currently income producing and have opportunities for future improvement. Our investment activities are supported by a strong balance sheet, giving us the financial capacity to buy further properties and regenerate them. We also recycle properties selectively, providing additional capital for future projects.
In January 2021, Derwent London came top of the Property Sector and 10th position overall in Management Today's Britain's Most Admired Companies awards 2020. In the year the Group has won several awards for Brunel Building with the most prominent being the BCO Best Commercial Workplace award. In 2019 the Group won EG Offices Company of the Year, the CoStar West End Deal of the Year for Brunel Building and Westminster Business Council’s Best Achievement in Sustainability award. In 2013 the Company launched a voluntary Community Fund and has to date supported well over 100 community projects in the West End and the Tech Belt.