Derwent London 

Derwent London plc operates as a leading commercial property owner, primarily focused on central London, managing the largest London-centric real estate investment trust (REIT). As of June 30, 2020, its portfolio encompassed 83 buildings, valued at £5.4 billion, including joint ventures. The company’s experienced team is adept at creating value across economic cycles by regenerating properties through development or refurbishment, employing effective asset management, and strategically reallocating capital. They typically acquire central London assets off-market in improving locations—often in the West End or the Tech Belt—which are characterized by low initial capital values and moderate rental yields. Derwent London is committed to a fresh, design-led approach for each regeneration project, emphasizing the unique qualities of every building and proactively addressing tenant needs. The business benefits from a strong financial foundation, featuring judicious leverage, a robust income stream, and flexible financing arrangements, all contributing to its long-term success. Derwent London is recognized as an industry frontrunner in addressing climate change. In October 2019, it became the inaugural UK REIT to sign a Green Revolving Credit Facility, simultaneously launching its Green Finance Framework and endorsing the Better Buildings Partnership's climate change commitment. The Group is a member of 'RE100,' signifying its dedication to procuring 100% renewable power as a vital step toward achieving net-zero carbon operations. Furthermore, Derwent London is among a select group of global property companies whose science-based carbon reduction targets have been validated by the Science Based Targets initiative (SBTi). Its extensive 5.6 million sq ft portfolio includes landmark developments such as 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 E1. In 2019, the Group received multiple accolades, including EG Offices Company of the Year, the CoStar West End Deal of the Year for Brunel Building, and the Westminster Business Council's Best Achievement in Sustainability award. It also topped the real estate sector and placed ninth overall in Management Today's 2019 awards for 'Britain's Most Admired Companies.' Demonstrating its community engagement, the Company established a voluntary Community Fund in 2013, which has since supported over 100 community projects in the West End and Tech Belt. Derwent London is a public limited company, incorporated and domiciled in the UK, with its shares traded on the London Stock Exchange. Its registered office is located at 25 Savile Row, London.