Published: 03 Dec 2012
Last Updated: 25 Oct 2013
The only top 10 property firm from last year to make it again, Derwent London specialises in smart offices in prime locations in the capital. Its building at 1 Page Street, W1 was let earlier this year to Burberry for an annual rent of £5.3m. Founded by CEO John Burns in 1984 using the defunct Derwent Valley Light Railway as a shell company, it now has a £2.7bn portfolio and is the largest central London-focused Real Estate Investment Trust (REIT), popular with investors from Asia and the Middle East. Interim profits were stable at £26m and its dividend was up 5% to 995p.
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