Completion of schemes at Turnmill, EC1, and 40 Chancery Lane, WC2, (pictured) boosted the value of Derwent London’s property portfolio to £5bn
at the end of 2015, according to its latest results.
Completed projects added 31.5% to the portfolio and boosted the company’s NAV by 21.6% year-on-year.
Rental income was up by 7.8% to £138m as strong occupier demand for London offices helped drive new lettings totalling £27.1m.
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