Business
Notice of Q1 2025 Business Update
Notice of Q1 2025 Business Update.
About this update from Derwent London Plc
[{"type":"text","content":"\n\n \n\n31 March 2025\nDerwent London plc (\"Derwent London\" / \"the Group\") Notice of Q1 2025 Business Update\n\nDerwent London confirms that it will publish its Q1 2025 Business Update on Thursday 8 May 2025 at 07.00 BST. There will not be a webcast or conference call on the day, but the management team will be available throughout the day if there are any questions.\n \nFor further information, please contact:\n \n\n\n\n\nDerwent London\nTel: +44 (0)20 3478 4217 (Robert Duncan)\n \n\n\nPaul Williams, Chief Executive\nDamian Wisniewski, Chief Financial Officer\nRobert Duncan, Head of Investor Relations\n\n\n\n\n \nBrunswick Group\nTel: +44 (0)20 7404 5959\n\n\n \nNina Coad\nEmily Brentnall\n\n\n\n\n \nNotes to editors\nDerwent London plc\nDerwent London plc owns 62 buildings in a commercial real estate portfolio predominantly in central London valued at £5.0 billion as at 31 December 2024, making it the largest London office-focused real estate investment trust (REIT).\nOur 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.\nWe are frequently recognised in industry awards for the quality, design and innovation of our projects. Landmark buildings in our 5.4 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...