Derwent London Plc Derwent London Plc (DLN.L) is a London-focused real estate investment trust specializing in the ownership, management, refurbishment, regeneration, and development of commercial properties, predominantly high-quality offices in central London; its portfolio, valued at approximately £5.2 billion as of June 2025, spans 5.4 million square feet across 13 development villages in the West End and areas bordering the City of London, including key assets such as The Featherstone Building, Angel Square, Turnmill, Soho Place, and Middlesex House, with 80% of properties within 800 meters of Elizabeth line stations like Tottenham Court Road and Farringdon. The company targets tenants from creative industries and others seeking design-led, low-carbon, intelligent workspaces, supported by a strong balance sheet that enables selective property recycling and reinvestment; it emphasizes sustainability, with science-based carbon targets validated by the Science Based Targets initiative (SBTi), a commitment to net zero carbon by 2030, and achievements including the first UK REIT green revolving credit facility and top rankings in equality and admired company awards. Founded in 1984 by Simon Paul Silver and John David Burns and headquartered at 25 Savile Row, London, Derwent London Plc operates solely in the UK as a FTSE 250 constituent. Recent developments include the October 2025 completion of the fully pre-let 25 Baker Street office and retail project, generating £21.6 million in annual rent and residential sales exceeding £115 million in partnership with Native Land, alongside a strategic partnership announced in October 2025 with Related Argent for the potential late-2027 acquisition and mixed-use regeneration of the 2.5-acre Old Street Quarter site, incorporating residential, co-living, student accommodation, office, and hotel elements.