Derwent London PLC

Management Reports • Oct 1, 2013

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 3867P

Derwent London PLC

01 October 2013

1 October 2013

Investor/ analyst presentation and tour

Derwent London ("Derwent London plc"/ "the Group") is hosting an event for investors and analysts today at the White Collar Factory EC1.  The event will include presentations and a property tour of Derwent London's holdings in London's Tech Belt.

The presentations, by members of the executive management team, will focus on Derwent London's presence in the Tech Belt and the Group's approach to managing its property portfolio.  The presentations will subsequently be published on the Derwent London website, www.derwentlondon.com.

Derwent London will not be disclosing any new material financial information during the presentation. 

-ends-

For further information please contact:

Derwent London                               020 7659 3000

John Burns, Chief Executive Officer

Louise Rich, Head of Investor Relations

Brunswick Group                             020 7404 5959

Elizabeth Adams                                

Sheena Shah

Notes to editors

Derwent London

Derwent London plc owns a portfolio of commercial real estate predominantly in central London valued at £3.1bn as at 30 June 2013, making us the largest London-focused real estate investment trust (REIT).

Our experienced team has a proven record of value creation through development, refurbishment and asset management activities. We take a fresh approach to each building, adopting a design-led and tenant-led philosophy. We focus on buildings with reversionary mid-market rents, particularly those in improving locations around the West End and the City borders.

The business is grounded on a strong balance sheet with modest leverage, a robust income stream and flexible financing.

Landmark schemes in our portfolio of 5.5 million sq ft (510,600m2) as at 30 June 2013 include Angel Building EC1, The Buckley Building EC1, Qube W1, Horseferry House SW1 and Tea Building E1.

In 2013 to date Derwent London has won the 'West End Deal of the Year' for our letting to Burberry at 1 Page Street SW1 and 'City Development of the Year' for our 4 & 10 Pentonville Road N1 scheme at the OAS Development Awards as well as 'Developer of the Year' at the New Energy & Cleantech Awards.  In addition the 2012 Report & Accounts and 2012 Sustainability Report have been awarded an EPRA Gold award.

Derwent London came seventh overall in the 2012 Management Today awards for 'Britain's Most Admired Companies', topping the real estate sector for the third year in a row.  Earlier in 2012 the Group won the Estates Gazette 'Property Company of the Year - Offices' award.  Last year the Tea Building also won a RIBA regional award and an AJ Retrofit award for the 'Green Tea' refurbishment to improve the environmental performance of the building. 

For further information see www.derwentlondon.com or follow us on Twitter at @derwentlondon.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCEAPEFELXDFEF