Derwent London

Derwent London plc owns a portfolio of commercial real estate predominantly in central London valued at £4.2 billion as at 31 December 2014, making it the largest London-focused real estate investment trust (REIT). Our experienced team has a long track record of creating value throughout the property cycle by regenerating our buildings via development or refurbishment, effective asset management and capital recycling. 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. Reflecting and supporting our long-term success, the business has a strong balance sheet with modest leverage, a robust income stream and flexible financing. Landmark schemes in our portfolio of 5.7 million sq ft as at 31 December 2014 include Angel Building EC1, The Buckley Building EC1, White Collar Factory EC1, 1-2 Stephen Street W1, Horseferry House SW1 and Tea Building E1. In December 2014 Derwent London topped the real estate sector for the fifth year in a row and was placed ninth overall in the Management Today awards for ‘Britain’s Most Admired Companies’. Also in 2014 the Group won the Property Week ‘Developer of the Year’ and the RICS London Commercial Award, and was shortlisted for awards by Architects’ Journal, BCO, NLA and OAS. The Group was also awarded EPRA Gold for corporate and sustainability reporting.
Type
Public
HQ
London, GB
Founded
1985
Size (employees)
100 (est)
Derwent London was founded in 1985 and is headquartered in London, GB

Derwent London Office Locations

Derwent London has an office in London
London, GB (HQ)
25 Savile Row

Derwent London Data and Metrics

Derwent London Financial Metrics

Derwent London's revenue was reported to be £204.9 m in FY, 2015 which is a 14% increase from the previous period.
GBP

Revenue (FY, 2015)

204.9 m

Revenue growth (FY, 2014 - FY, 2015), %

14%

Gross profit (FY, 2015)

138.7 m

Gross profit margin (FY, 2015), %

68%

Net income (FY, 2015)

777.2 m

Market capitalization (24-Jul-2017)

3.1 b

Closing share price (24-Jul-2017)

28.3

Cash (31-Dec-2015)

6.5 m
Derwent London's current market capitalization is £3.1 b.
GBPFY, 2013FY, 2014FY, 2015

Revenue

160.5 m180.5 m204.9 m

Revenue growth, %

12%14%

Cost of goods sold

38.8 m51.8 m66.2 m

Gross profit

121.7 m128.7 m138.7 m

Gross profit Margin, %

76%71%68%

Operating expense total

(365 m)(676.3 m)(670.1 m)

Pre tax profit

467.9 m753.7 m779.5 m

Net Income

465.5 m749.8 m777.2 m
GBPFY, 2013FY, 2014FY, 2015

Cash

12.5 m14.8 m6.5 m

Accounts Receivable

19.6 m13.9 m15.9 m

Current Assets

88.6 m71 m69.7 m

PP&E

3.3 b4.2 b5 b

Total Assets

3.4 b4.2 b5.1 b

Accounts Payable

8.9 m2.2 m200 k

Current Liabilities

86.7 m261.1 m126.4 m

Total Liabilities

1.1 b1.2 b1.1 b

Retained Earnings

434.7 m701.5 m732.9 m

Total Equity

2.3 b3 b3.9 b

Financial Leverage

1.5 x1.4 x1.3 x
GBPFY, 2013FY, 2014FY, 2015

Cash From Operating Activities

57.5 m65.6 m76 m

Cash From Financing Activities

42.9 m23.4 m2 m

Income Taxes Paid

(2.4 m)(3.9 m)(2.3 m)
GBPY, 2015

Revenue/Employee

2 m

Financial Leverage

1.3 x

Derwent London Market Value History

Traffic Overview of Derwent London

Derwent London Online and Social Media Presence

Derwent London News and Updates

Housebuilders urge government to give Crossrail 2 the green light

Housebuilders have added to the call for the government to firmly commit to Crossrail 2, saying it will be crucial in helping address the capital's housing crisis. Some 66 homebuilding and property figures, including representatives from Taylor Wimpey, Berkeley, British Land and Derwent have writ…

We should build Crossrail 2 and the private sector is going to pay for it

Passengers crammed on to the Central, District, Circle and Piccadilly Lines are gasping for the opening of the Elizabeth Line, running from west to east, from Heathrow to Canary Wharf and beyond, late next year. But what about Londoners packed on to the north-south Northern, Victoria, Bakerloo an…

Revealed: The highest and lowest chief exec pay ratios on the FTSE 350

With AGM season around the corner, and remuneration set to be a top issue for investors, chief executive pay ratios could again be about to come under the microscope. And while the certain retailers could feel the heat, a number of City firms should be able to rest easy. An influential shareho…

Stock markets are predicting disaster in London property prices post-Brexit

An Irish property tycoon says London's property market is "tanking by the day" in the wake of Brexit, with financial markets forecasting the second biggest ever collapse in the value of office and retail space in the capital. Scott Crowe, Chief Investment Strategist at Cente…
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Derwent London Company Life and Culture

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