Derwent London plc is the largest London-focused real estate investment trust (REIT) with a commercial portfolio predominantly in central London. 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. In 2019 to date, the Group has 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 89 community projects in Fitzrovia and the Tech Belt.
As part of our commitment to lead the industry in mitigating climate change, in October 2019, Derwent London became the first UK REIT to sign a Green Revolving Credit Facility. 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).
1ST UK REIT TO SIGN GREEN REVOLVING CREDIT FACILITY
1 OF THE MAYOR OF LONDON’S 10 CLIMATE BUSINESS LEADERS
JOINED THE RE100 COMMITTED TO 100% RENEWABLE POWER
100% WASTE DIVERTED FROM LANDFILL
75% WASTE RECYCLING
5% REDUCTION IN CARBON EMISSIONS
“Derwent London has been at the forefront of pushing for the highest sustainability standards for many years, as demonstrated by our exemplary projects such as White Collar Factory EC1. As a leading property investor, we recognise our responsibility to reduce energy and carbon emissions and are developing ambitious plans in this regard." John Davies, Head of Sustainability, Derwent London