DLN.L - Derwent London Plc

LSE - LSE Delayed Price. Currency in GBp

Derwent London Plc

25 Savile Row
London W1S 2ER
United Kingdom
44-20-76593000
http://www.derwentlondon.com

SectorFinancial
IndustryREIT - Diversified
Full Time Employees116

Key Executives

NameTitlePayExercisedAge
Mr. John David BurnsChief Exec. Officer, Managing Director and Exec. DirectorN/AN/A72
Mr. Damian Mark Alan WisniewskiFin. Director & Exec. Director836kN/A55
Mr. Nigel Q. GeorgeExec. DirectorN/AN/A54
Mr. Simon P. SilverHead of Regeneration and Exec. DirectorN/AN/A66
Mr. David G. SilvermanExec. DirectorN/AN/A47
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in GBp.

Description

Derwent London plc owns 89 buildings in a commercial real estate portfolio predominantly in central London valued at £4.8 billion (including joint ventures) as at 30 June 2017, 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 5.6 million sq ft portfolio 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 2017 the Group won the Property Week Developer of the Year award, was listed 12th out of 4,000 in the Corporate Knights Global 100 of the world's most sustainable companies and achieved EPRA Gold for corporate and sustainability reporting. In 2016 the Group won Estates Gazette National Company of the Year and London awards as well as awards from Architects' Journal, British Council for Offices, Civic Trust and RIBA. As part of its wider sustainability programme, in 2013 Derwent London launched a dedicated £250,000 voluntary Community Fund and, in 2016, made a further commitment of £300,000 for the next three years for Fitzrovia and the Tech Belt. The Company is a public limited company, which is listed on the London Stock Exchange and incorporated and domiciled in the UK. The address of its registered office is 25 Savile Row, London, W1S 2ER. For further information see www.derwentlondon.com or follow us on Twitter at @derwentlondon.

Corporate Governance

Derwent London Plc’s ISS Governance QualityScore as of February 1, 2018 is 6. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 1; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.