Derwent London news and archive

Burberry global headquarters to change hands for 131.8 million pounds

UK commercial real estate owner Derwent London has exchanged contracts for the disposal of Horseferry House SW1 to an overseas investor. The 164,900 square foot building serves as the global headquarters for British fashion brand Burberry. The transaction is valued at 131.8 million pounds (174.5 million dollars) before rental top-ups. The sale...

Retail

Loxton Walk: New West End retail and leisure destination to open in 2025

Details of a new retail and leisure destination set to be opening the heart of Marylebone, London, have been unveiled by the Portman Estate and Derwent London, which will be responsible for the development of the property. Set to open in 2025, Loxton Walk will span 28,500 square feet across 17 ground floor units, accessible via George Street,...

Design

Jaeger sells London headquarters for 30.75 million pounds

British fashion label Jaeger is currently searching for a new company headquarters, as the heritage brand revealed the sales of its former head office. Jaeger had been headquartered in the Jaeger House on 57 Broadwick Street in Soho since the 1970s. However Derwent London, real estate investment firm, sold the head office for 30.75 million...